CSTF (CuraScientific) Interest Expense : $-0.20 Mil (TTM As of Sep. 2023)

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What is CuraScientific Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CuraScientific's interest expense for the three months ended in Sep. 2023 was $ -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.20 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. CuraScientific's Operating Income for the three months ended in Sep. 2023 was $ -0.89 Mil. CuraScientific's Interest Expense for the three months ended in Sep. 2023 was $ -0.16 Mil. CuraScientific 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.

CuraScientific Interest Expense Historical Data

The historical data trend for CuraScientific'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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CuraScientific Interest Expense Chart

CuraScientific Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.37

-1.16

-1.22

CuraScientific Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial							-0.40	-0.01	-0.01	-0.03	-0.16

CuraScientific 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 $-0.20 Mil.

CuraScientific (OTCPK:CSTF) 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.

CuraScientific's Interest Expense for the three months ended in Sep. 2023 was $-0.16 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.09 Mil.

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

CuraScientific did not have earnings to cover the interest expense.

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

CuraScientific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CuraScientific Corp (OTCPK:CSTF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

51544 Cesar Chavez Street, Suite No. 1J, Coachella, CA, USA, 92236

Website

https://www.curascientificcorp.com

CuraScientific Corp manufactures commercial chemicals with a variety of commercial sterilization applications for agriculture, warehousing, hospitality, and medical facilities. The company's product, DiOx+, is a disinfectant sterilizer that kills harmful pathogens without exposing people or the environment to dangerous toxins.

Executives

Paul Quentin Goyette	director	2205 LOCH WAY, EL DORADO HILLS CA 95762
William Joseph Reed	director, officer: Chief Executive Officer	333 N UNIVERSITY AVE., #33, REDLANDS CA 92374
Johann Loewen	director	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Edouard Maurice Beaudette	director	13480 N BLOOMFIELD ROAD, NEVADA CITY CA 95959
Justin Michael Gonzalez	director, officer: Chief Executive Officer	15723 LAKE VERA PURDON RD., NEVADA CITY CA 95959
Eric Jason Watson	director, officer: Chief Operating Officer	19553 BOWERS DRIVE, TOPANGA CA 90290

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