AI/ML Innovations (FRA:42FB) Interest Expense : €-0.02 Mil (TTM As of Jan. 2024)

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What is AI/ML Innovations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AI/ML Innovations's interest expense for the three months ended in Jan. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was €-0.02 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. AI/ML Innovations's Operating Income for the three months ended in Jan. 2024 was € -0.29 Mil. AI/ML Innovations's Interest Expense for the three months ended in Jan. 2024 was € -0.01 Mil. AI/ML Innovations 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.

AI/ML Innovations Interest Expense Historical Data

The historical data trend for AI/ML Innovations'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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AI/ML Innovations Interest Expense Chart

AI/ML Innovations Annual Data

Trend

Apr13

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Apr22

Interest Expense

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-0.02

-0.03

-0.05

AI/ML Innovations Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.01	-0.01

AI/ML Innovations 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.02 Mil.

AI/ML Innovations (FRA:42FB) 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.

AI/ML Innovations's Interest Expense for the three months ended in Jan. 2024 was €-0.01 Mil. Its Operating Income for the three months ended in Jan. 2024 was €-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was €0.00 Mil.

AI/ML Innovations's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

AI/ML Innovations did not have earnings to cover the interest expense.

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

AI/ML Innovations (FRA:42FB) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AI/ML Innovations Inc (FRA:42FB) » Definitions » Interest Expense

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AIMLF:USA AIML:Canada

Address

645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2

Website

https://www.aiml-innovations.com

AI/ML Innovations Inc has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence and machine learning, with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. The company has strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments.

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