Generative AI Solutions (Generative AI Solutions) Interest Expense : $-0.12 Mil (TTM As of Jan. 2024)

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What is Generative AI Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Generative AI Solutions's interest expense for the three months ended in Jan. 2024 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.12 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. Generative AI Solutions's Operating Income for the three months ended in Jan. 2024 was $ -0.76 Mil. Generative AI Solutions's Interest Expense for the three months ended in Jan. 2024 was $ -0.03 Mil. Generative AI Solutions 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.

Generative AI Solutions Interest Expense Historical Data

The historical data trend for Generative AI Solutions'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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Generative AI Solutions Interest Expense Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Interest Expense

-0.10

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial									-	-0.02	-0.02	-0.06	-0.03

Generative AI Solutions 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 $-0.12 Mil.

Generative AI Solutions (OTCPK:AICOF) 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.

Generative AI Solutions's Interest Expense for the three months ended in Jan. 2024 was $-0.03 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.20 Mil.

Generative AI Solutions's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Generative AI Solutions did not have earnings to cover the interest expense.

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

Generative AI Solutions (Generative AI Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Interest Expense

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Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.