Cannabix Technologies (Cannabix Technologies) Interest Expense : $-0.03 Mil (TTM As of Jan. 2024)

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What is Cannabix Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cannabix Technologies's interest expense for the three months ended in Jan. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.03 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. Cannabix Technologies's Operating Income for the three months ended in Jan. 2024 was $ -0.36 Mil. Cannabix Technologies's Interest Expense for the three months ended in Jan. 2024 was $ 0.00 Mil. Cannabix 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.

Cannabix Technologies Interest Expense Historical Data

The historical data trend for Cannabix 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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Cannabix Technologies Interest Expense Chart

Cannabix Technologies Annual Data

Trend

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Interest Expense

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-0.03

Cannabix Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-	-0.03	-0.01	-	-

Cannabix 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Cannabix Technologies (OTCPK:BLOZF) 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.

Cannabix Technologies's Interest Expense for the three months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.00 Mil.

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

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

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

Cannabix Technologies (Cannabix Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cannabix Technologies Inc (OTCPK:BLOZF) » Definitions » Interest Expense

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8CT:Germany BLO:Canada

Address

501-3292 Production Way, Burnaby, BC, CAN, V5A 4R4

Website

https://www.cannabixtechnologies.com

Cannabix Technologies Inc is in the development of marijuana breathalyzer. It is developing breath testing technologies that can be used at the point of care to detect recent use of marijuana. It is also developing its technology to help employers, law enforcement, government and the public, when marijuana is becoming legal for recreational and medicinal use in many jurisdictions globally. The FAIMS device is designed to operate both independently or coupled in tandem directly to a mass spectrometer, used in forensic labs. The THC Breath Analyzer is a point of care breath testing tool for the rapid detection of recent cannabis use.

Cannabix Technologies (Cannabix Technologies) Headlines

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