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AdRabbit (ASX:RAB) Interest Expense : A$-0.06 Mil (TTM As of Sep. 2023)


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What is AdRabbit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AdRabbit's interest expense for the three months ended in Sep. 2023 was A$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was A$-0.06 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. AdRabbit's Operating Income for the three months ended in Sep. 2023 was A$ -0.15 Mil. AdRabbit's Interest Expense for the three months ended in Sep. 2023 was A$ -0.03 Mil. AdRabbit 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.


AdRabbit Interest Expense Historical Data

The historical data trend for AdRabbit'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.

AdRabbit Interest Expense Chart

AdRabbit Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
- -0.15 -0.04 -0.09 -

AdRabbit Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only - - - -0.03 -0.03

AdRabbit 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-0.06 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.


AdRabbit  (ASX:RAB) 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.

AdRabbit's Interest Expense for the three months ended in Sep. 2023 was A$-0.03 Mil. Its Operating Income for the three months ended in Sep. 2023 was A$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was A$0.00 Mil.

AdRabbit's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

AdRabbit 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.


AdRabbit (ASX:RAB) Business Description

Traded in Other Exchanges
Address
c/o Automic Group, 126 Philip Street, Level 5, Perth, WA, AUS, 2000
AdRabbit Ltd provides an easy and inexpensive SaaS solution that allows small-to-medium businesses to create and manage their own mobile application as a means of connecting with their customers and growing their business. The Company's main product offerings allow SMBs to automate the creation and management of apps and digital marketing campaigns for their businesses. Its technology has automated the design, development, maintenance, and marketing of mobile apps, allowing any business to build, preview and launch their own application without having any code writing or digital marketing knowledge.

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