ASEP Medical Holdings (ASEP Medical Holdings) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is ASEP Medical Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ASEP Medical Holdings's interest expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. ASEP Medical Holdings's Operating Income for the three months ended in Mar. 2024 was $ -0.68 Mil. ASEP Medical Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -0.00 Mil. ASEP Medical Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ASEP Medical Holdings Interest Expense Historical Data

The historical data trend for ASEP Medical Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ASEP Medical Holdings Interest Expense Chart

ASEP Medical Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.08

ASEP Medical Holdings Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial								-0.01	-0.01	-0.01	0.02	-

ASEP Medical Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

ASEP Medical Holdings (OTCPK:SEPSF) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ASEP Medical Holdings's Interest Expense for the three months ended in Mar. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

ASEP Medical Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

ASEP Medical Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

ASEP Medical Holdings (ASEP Medical Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ASEP Medical Holdings Inc (OTCPK:SEPSF) » Definitions » Interest Expense

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Traded in Other Exchanges

JJ8:Germany ASEP:Canada

Address

730 View Street, Suite 420, Victoria, BC, CAN, V8W 3Y7

Website

https://www.asepmedical.com

ASEP Medical Holdings Inc is a biotechnology firm pursuing the commercialization of broad-spectrum peptide technology. The Company is dedicated to addressing the global issue of antibiotic failure by developing novel solutions for significant unmet medical needs in human medicine and is engaged in the business of acquiring research and development assets, technology, or businesses in life sciences and medical diagnostics.