Planet Ventures (FRA:P6U1) Interest Expense : €-0.02 Mil (TTM As of Sep. 2024)

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What is Planet Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Planet Ventures's interest expense for the three months ended in Sep. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.02 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. Planet Ventures's Operating Income for the three months ended in Sep. 2024 was € -0.60 Mil. Planet Ventures's Interest Expense for the three months ended in Sep. 2024 was € -0.01 Mil. Planet Ventures 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.

Planet Ventures Interest Expense Historical Data

The historical data trend for Planet Ventures'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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Planet Ventures Interest Expense Chart

Planet Ventures Annual Data

Trend

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Interest Expense

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-0.01

-0.02

Planet Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-	-	-0.01

Planet Ventures 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.02 Mil.

Planet Ventures (FRA:P6U1) 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.

Planet Ventures's Interest Expense for the three months ended in Sep. 2024 was €-0.01 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0.09 Mil.

Planet Ventures's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Planet Ventures did not have earnings to cover the interest expense.

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

Planet Ventures Business Description

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Address

750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7

Website

https://www.planetventuresinc.com

Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

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