BKLIF (Blockmint Technologies) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)

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What is Blockmint Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blockmint Technologies's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 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. Blockmint Technologies's Operating Income for the three months ended in Sep. 2024 was $ -0.05 Mil. Blockmint Technologies's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Blockmint Technologies has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Blockmint Technologies Interest Expense Historical Data

The historical data trend for Blockmint 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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Blockmint Technologies Interest Expense Chart

Blockmint Technologies Annual Data

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Interest Expense

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Blockmint Technologies Quarterly Data
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Blockmint 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 $0.00 Mil.

Blockmint Technologies (OTCPK:BKLIF) 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.

Blockmint Technologies's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

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

Blockmint Technologies had no long-term debt ⁽¹⁾.

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

Good Sign:

Blockmint Technologies Inc has no debt.

Blockmint Technologies Business Description

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BKMT:Canada

Address

733 Seymour Street, Suite 2900, Vancouver, BC, CAN, V6B 0S6

Website

https://www.blockmint.ai

Blockmint Technologies Inc develops distributed systems and networks that enable a more decentralized deployment of blockchain-based applications such as cryptocurrency mining. The company generates revenue from digital currency received for providing mining services to various digital currencies validating a blockchain.