DVNCF (Danavation Technologies) Interest Expense: $-0.63 Mil (TTM As of Jan. 2024)

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What is Danavation Technologies Interest Expense?

Danavation Technologies DVNCF -99.95% Interest Expense is $-0.63 Mil as of Jan. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Danavation Technologies's interest expense for the three months ended in Jan. 2024 was $ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.63 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. Danavation Technologies's Operating Income for the three months ended in Jan. 2024 was $ -0.64 Mil. Danavation Technologies's Interest Expense for the three months ended in Jan. 2024 was $ 0.00 Mil. Danavation Technologies 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.

Danavation Technologies  (OTCPK:DVNCF) 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.

Danavation 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 $-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $3.93 Mil.

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

GuruFocus does not calculate Danavation Technologies's interest coverage with the available data.

* 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.

Danavation Technologies Interest Expense Historical Data

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The historical data trend for Danavation 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.

Danavation Technologies Interest Expense Chart

Danavation Technologies Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.07 -0.60 -0.61

Danavation Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.14 -0.16 -0.12 -0.16 -0.19

Danavation 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 $-0.63 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.63 Mil mean?
Danavation Technologies (DVNCF) has a Interest Expense of $-0.63 Mil as of Jan. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Danavation Technologies and its competitors.
Is Danavation Technologies' Interest Expense too high?
Danavation Technologies' current Interest Expense is $-0.63 Mil.
How does Danavation Technologies' Interest Expense compare to PRST and BOMO?
Danavation Technologies' Interest Expense of $-0.63 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Danavation Technologies and its competitors. Danavation Technologies's current Interest Expense is $-0.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danavation Technologies stock overvalued right now?
Danavation Technologies (DVNCF) has a current Interest Expense of $-0.63 Mil. The current Interest Expense is $-0.63 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Danavation Technologies (DVNCF), the current Interest Expense is $-0.63 Mil as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danavation Technologies Business Description

Address 21 Roybridge Gate, Woodbridge, Vaughan, ON, CAN, L4H 1E6
Danavation Technologies Corp is an internet of things(IoT) technology company, that provides micro e-paper displays to organizations across North America. The company's Digital Smart Labels, powered by IoT automation technology and software Platform-as-a-Service, enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. The primary revenue streams are; Hardware, Installation and configuration and Software agreements.