Freedom Internet Group (Freedom Internet Group) Interest Expense : $0.00 Mil (TTM As of Jan. 2023)

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What is Freedom Internet Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Freedom Internet Group's interest expense for the three months ended in Jan. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was $0.00 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. Freedom Internet Group's Operating Income for the three months ended in Jan. 2023 was $ -0.04 Mil. Freedom Internet Group's Interest Expense for the three months ended in Jan. 2023 was $ 0.00 Mil. Freedom Internet Group 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.

Freedom Internet Group Interest Expense Historical Data

The historical data trend for Freedom Internet 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.

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Freedom Internet Group Interest Expense Chart

Freedom Internet Group Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Interest Expense

Freedom Internet Group Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
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Freedom Internet 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 Jan. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Freedom Internet Group (OTCPK:FIGI) 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.

Freedom Internet Group's Interest Expense for the three months ended in Jan. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2023 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2023 was $0.00 Mil.

Freedom Internet Group's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Freedom Internet Group had no long-term debt ⁽¹⁾.

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

Freedom Internet Group (Freedom Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Freedom Internet Group Inc (OTCPK:FIGI) » Definitions » Interest Expense

Comparable Companies

NISN AHG LMFA PT BWMY DXF SNTG JT WEIDY AIHS V MA AXP PYPL COF BOM:500034 DFS TSE:8591 SYF ALLY

Traded in Other Exchanges

N/A

Address

151 Calle San Francisco, Suite 200, San Juan, PRI, 00901

Website

https://www.figiroyalty.com

Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.

Executives

Noah Rosenfarb	director, 10 percent owner, officer: CFO	12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb	director, officer: COO	4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman	director, 10 percent owner, officer: CEO	3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

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