Magnet Forensics (TSX:MAGT) Interest Expense : C$-0.1 Mil (TTM As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Magnet Forensics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magnet Forensics's interest expense for the three months ended in Dec. 2022 was C$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was C$-0.1 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. Magnet Forensics's Operating Income for the three months ended in Dec. 2022 was C$ 7.7 Mil. Magnet Forensics's Interest Expense for the three months ended in Dec. 2022 was C$ 0.0 Mil. GuruFocus does not calculate Magnet Forensics's interest coverage with the available data. 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.

Magnet Forensics Interest Expense Historical Data

The historical data trend for Magnet Forensics'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.

Magnet Forensics Interest Expense Chart

Magnet Forensics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-0.05

-0.27

-0.58

-0.54

Magnet Forensics Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Interest Expense	Get a 7-Day Free Trial									-0.10	-0.10	0.02	-	-

Magnet Forensics 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.1 Mil.

Magnet Forensics (TSX:MAGT) 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.

Magnet Forensics's Interest Expense for the three months ended in Dec. 2022 was C$0.0 Mil. Its Operating Income for the three months ended in Dec. 2022 was C$7.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was C$7.3 Mil.

Magnet Forensics's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

GuruFocus does not calculate Magnet Forensics's interest coverage with the available data.

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

Magnet Forensics (TSX:MAGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magnet Forensics Inc (TSX:MAGT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2220 University Avenue East, Suite 300, Waterloo, ON, CAN, N2K0A8

Website

https://www.magnetforensics.com

Magnet Forensics Inc is a developer of digital investigation software. It acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices and cloud services.

Magnet Forensics (TSX:MAGT) Headlines

No Headlines