RBI Ventures (TSXV:RBI.H) Interest Expense : C$0.00 Mil (TTM As of Dec. 2020)

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What is RBI Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RBI Ventures's interest expense for the three months ended in Dec. 2020 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was C$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. RBI Ventures's Operating Income for the three months ended in Dec. 2020 was C$ -0.03 Mil. RBI Ventures's Interest Expense for the three months ended in Dec. 2020 was C$ 0.00 Mil. RBI Ventures has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

RBI Ventures Interest Expense Historical Data

The historical data trend for RBI Ventures'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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RBI Ventures Interest Expense Chart

RBI Ventures Annual Data

Trend

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Interest Expense

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-0.12

-0.03

RBI Ventures Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

RBI Ventures 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 Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

RBI Ventures (TSXV:RBI.H) 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.

RBI Ventures's Interest Expense for the three months ended in Dec. 2020 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2020 was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2020 was C$0.00 Mil.

RBI Ventures's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

RBI Ventures had no long-term debt ⁽¹⁾.

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

RBI Ventures (TSXV:RBI.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » RBI Ventures Ltd (TSXV:RBI.H) » Definitions » Interest Expense

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Address

450-400 Burrard Street, Vancouver, BC, CAN, V6C 3A6

Website

http://www.russellbeer.com

RBI Ventures Ltd is looking into new business opportunities.

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