Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Identillect Technologies's interest expense for the
three
months ended in Dec. 2021 was $ -0.02 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $-0.08 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. Identillect Technologies's Operating Income for the
three
months ended in Dec. 2021 was $ -0.06 Mil. Identillect Technologies's Interest Expense for the
three
months ended in Dec. 2021 was $ -0.02 Mil.
Identillect Technologies 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.
Identillect Technologies 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.
* 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.
Identillect Technologies (OTCPK:IDTLF) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Identillect Technologies's Interest Expense for the
three
months ended in Dec. 2021 was $-0.02 Mil. Its
Operating Income
for the
three
months ended in Dec. 2021 was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2021 was $0.00 Mil.
Identillect Technologies's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as
| Identillect Technologies did not have earnings to cover the interest expense. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
Identillect Technologies Business Description
Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. It offers a product like Delivery trust in Outlook Plugin, Office 365, Gmail Plugin, Web Only and Electronic Signatures. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.
Identillect Technologies Headlines
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0(0%) 9:40AM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
OTCPK:IDTLF has been successfully added to your 
