PreveCeutical Medical (XCNQ:PREV) Interest Expense : C$0.20 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is PreveCeutical Medical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PreveCeutical Medical's interest expense for the three months ended in Sep. 2023 was C$ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$0.20 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. PreveCeutical Medical's Operating Income for the three months ended in Sep. 2023 was C$ -0.15 Mil. PreveCeutical Medical's Interest Expense for the three months ended in Sep. 2023 was C$ -0.08 Mil. PreveCeutical Medical 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.

PreveCeutical Medical Interest Expense Historical Data

The historical data trend for PreveCeutical Medical'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.

* Premium members only.

PreveCeutical Medical Interest Expense Chart

PreveCeutical Medical Annual Data

Trend

Jul15

Jul16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-0.55

-0.58

-0.64

-0.47

-0.24

PreveCeutical Medical Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.14	-0.09	-0.30	0.28	-0.08

PreveCeutical Medical 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.20 Mil.

PreveCeutical Medical (XCNQ:PREV) 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.

PreveCeutical Medical's Interest Expense for the three months ended in Sep. 2023 was C$-0.08 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.00 Mil.

PreveCeutical Medical's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

PreveCeutical Medical did not have earnings to cover the interest expense.

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

PreveCeutical Medical (XCNQ:PREV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » PreveCeutical Medical Inc (XCNQ:PREV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PRVCF:USA 18H:Germany

Address

885 Cambie Street, Suite 2500, Vancouver, BC, CAN, V6B 0R6

Website

https://www.preveceutical.com

PreveCeutical Medical Inc is a health sciences company. Its principal business activity is the development of innovative options for preventive and curative therapies utilizing organic and nature-identical products. It is engaged in licensing, branding, and marketing nutraceutical and wellness products.

PreveCeutical Medical (XCNQ:PREV) Headlines

No Headlines