BlockQuarry (BlockQuarry) Interest Expense : $-3.00 Mil (TTM As of Dec. 2022)

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What is BlockQuarry Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BlockQuarry's interest expense for the six months ended in Dec. 2022 was $ -3.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-3.00 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. BlockQuarry's Operating Income for the six months ended in Dec. 2022 was $ -11.89 Mil. BlockQuarry's Interest Expense for the six months ended in Dec. 2022 was $ -3.00 Mil. BlockQuarry 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.

BlockQuarry Interest Expense Historical Data

The historical data trend for BlockQuarry'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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BlockQuarry Interest Expense Chart

BlockQuarry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Interest Expense

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-0.51

-0.19

-0.80

-2.43

-3.00

BlockQuarry Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec21	Dec22
Interest Expense	Get a 7-Day Free Trial			-0.51	-0.19	-0.80	-2.43	-3.00

BlockQuarry Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-3.00 Mil.

BlockQuarry (OTCPK:BLQC) 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.

BlockQuarry's Interest Expense for the six months ended in Dec. 2022 was $-3.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was $-11.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $0.00 Mil.

BlockQuarry's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

BlockQuarry did not have earnings to cover the interest expense.

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

BlockQuarry (BlockQuarry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BlockQuarry Corp (OTCPK:BLQC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

700 Louisiana Street, Suite 3950, Houston, TX, USA, 77002

Website

https://www.blockquarry.io

BlockQuarry Corp operates in the cryptocurrency mining industry. The cryptocurrency mining and mining equipment segment is focused on capitalizing on the Bitcoin ecosystem and its surrounding associated growth opportunities through proof-of-work mining. It also produced and sold premium liquor beverages and sold cannabinoid products.