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Spirit Blockchain Capital (XCNQ:SPIR) Interest Expense : C$-0.29 Mil (TTM As of Mar. 2025)


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What is Spirit Blockchain Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spirit Blockchain Capital's interest expense for the three months ended in Mar. 2025 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was C$-0.29 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. Spirit Blockchain Capital's Operating Income for the three months ended in Mar. 2025 was C$ -1.12 Mil. Spirit Blockchain Capital's Interest Expense for the three months ended in Mar. 2025 was C$ -0.01 Mil. Spirit Blockchain Capital 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.


Spirit Blockchain Capital Interest Expense Historical Data

The historical data trend for Spirit Blockchain Capital'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.

Spirit Blockchain Capital Interest Expense Chart

Spirit Blockchain Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
- - -0.02 -0.33

Spirit Blockchain Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.06 -0.07 -0.16 -0.01

Spirit Blockchain Capital 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.29 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.


Spirit Blockchain Capital  (XCNQ:SPIR) 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.

Spirit Blockchain Capital's Interest Expense for the three months ended in Mar. 2025 was C$-0.01 Mil. Its Operating Income for the three months ended in Mar. 2025 was C$-1.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was C$0.10 Mil.

Spirit Blockchain Capital's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Spirit Blockchain Capital 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.


Spirit Blockchain Capital Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1570, One Bentall Centre, Vancouver, BC, CAN, V7X 1M5
Spirit Blockchain Capital Inc is Redefining the Future of Wealth Management: Digital Assets, Tokenization, and Next-Generation Investing. The Company is a blockchain company providing capital to blockchain ecosystem participants and blockchain research and advisory services. The Company aims to supply capital to the blockchain ecosystem through lending, staking, streaming and mining.
Executives
Raymond Oneill Director
Lewis Bateman Senior Officer