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Martello Technologies Group (Martello Technologies Group) Interest Expense : $-1.48 Mil (TTM As of Dec. 2023)


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What is Martello Technologies Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Martello Technologies Group's interest expense for the three months ended in Dec. 2023 was $ -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.48 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. Martello Technologies Group's Operating Income for the three months ended in Dec. 2023 was $ -0.68 Mil. Martello Technologies Group's Interest Expense for the three months ended in Dec. 2023 was $ -0.32 Mil. Martello Technologies Group 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.

Martello Technologies Group Interest Expense Historical Data

The historical data trend for Martello Technologies Group'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.

Martello Technologies Group Interest Expense Chart

Martello Technologies Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.19 -1.37 -1.54 -1.79

Martello Technologies Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only -0.51 -0.45 -0.41 -0.31 -0.32

Martello Technologies Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.48 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.

Martello Technologies Group  (OTCPK:DRKOF) 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.

Martello Technologies Group's Interest Expense for the three months ended in Dec. 2023 was $-0.32 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $7.13 Mil.

Martello Technologies Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Martello Technologies Group 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.

Martello Technologies Group (Martello Technologies Group) Business Description

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MTLO:Canada
Address
390 March Road, Suite 110, Ottawa, ON, CAN, K2K 0G7
Website
https://www.martellotech.com
Martello Technologies Group Inc is a technology company that provides digital experience monitoring (DEM) solutions. The company's products provide monitoring and analytics on the performance and user experience of critical cloud business applications while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include unified communications performance analytics, Microsoft 365 end-user experience monitoring and IT service monitoring and analytics. It has offices in Amsterdam, Geneva, Nice, Paris, Dallas and New York.