AQB (AquaBounty Technologies) Interest Expense : $-2.34 Mil (TTM As of Sep. 2024)

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What is AquaBounty Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AquaBounty Technologies's interest expense for the three months ended in Sep. 2024 was $ -1.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.34 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. AquaBounty Technologies's Operating Income for the three months ended in Sep. 2024 was $ -2.36 Mil. AquaBounty Technologies's Interest Expense for the three months ended in Sep. 2024 was $ -1.03 Mil. AquaBounty 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.

AquaBounty Technologies Interest Expense Historical Data

The historical data trend for AquaBounty Technologies'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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AquaBounty Technologies Interest Expense Chart

AquaBounty Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.06

-0.15

-0.32

-0.29

-0.30

AquaBounty Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.06	-0.11	-0.21	-0.99	-1.03

AquaBounty 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.34 Mil.

AquaBounty Technologies (NAS:AQB) 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.

AquaBounty Technologies's Interest Expense for the three months ended in Sep. 2024 was $-1.03 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-2.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $5.33 Mil.

AquaBounty Technologies's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

AquaBounty Technologies did not have earnings to cover the interest expense.

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

AquaBounty Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AquaBounty Technologies Inc (NAS:AQB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

233 Ayer Road, Suite 4, Harvard, MA, USA, 01451

Website

https://www.aquabounty.com

AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology to improve the productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet consumer demand while addressing critical production constraints in the popular farmed species.

Executives

Melbourne David Francis Jr	officer: President	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers	director	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare	director	405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp	director	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern	director	800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez	director	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf	director, officer: CEO & Director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank	officer: See Remarks	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski	director	1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk	10 percent owner	1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen	officer: General Counsel & Corp Sec	C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber	director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr	director	TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher	director	1881 GROVE AVENUE, RADFORD VA 24141