Flex Labs (AQSE:FLEX) Interest Expense : £ Mil (TTM As of . 20)

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What is Flex Labs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flex Labs's interest expense for the six months ended in . 20 was £ 0.00 Mil. Flex Labs does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Flex Labs's Operating Income for the six months ended in . 20 was £ 0.00 Mil. Flex Labs's Interest Expense for the six months ended in . 20 was £ 0.00 Mil. Flex Labs 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.

Flex Labs Interest Expense Historical Data

The historical data trend for Flex Labs'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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Flex Labs Interest Expense Chart

Flex Labs Annual Data

Trend

Interest Expense

Flex Labs Semi-Annual Data

Interest Expense

Flex Labs Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Flex Labs (AQSE:FLEX) 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.

Flex Labs's Interest Expense for the six months ended in . 20 was £0.00 Mil. Its Operating Income for the six months ended in . 20 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was £0.00 Mil.

Flex Labs's Interest Coverage for the quarter that ended in . 20 is calculated as

Flex Labs had no long-term debt ⁽¹⁾.

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

Flex Labs Business Description

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Address

401 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6B 5A1

Website

https://www.flexlabs.ai

Flex Labs Inc is a company that operates a software business engaged in the development of advanced artificial intelligence middleware products, intending to offer these to business customers through a software as a service model. The Company's main product is Flex Elements, a series of software tools, libraries, and platforms that provide intermediate services and functionalities to simplify the development, deployment, and operation of AI applications. The Flex Elements product abstracts the intricacies of AI processes, enabling smoother integration into existing software applications or systems.