Fobi Ai (FRA:WMV) Interest Expense : €-0.01 Mil (TTM As of Mar. 2024)

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What is Fobi Ai Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fobi Ai's interest expense for the three months ended in Mar. 2024 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.01 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. Fobi Ai's Operating Income for the three months ended in Mar. 2024 was € -0.98 Mil. Fobi Ai's Interest Expense for the three months ended in Mar. 2024 was € -0.00 Mil. Fobi Ai 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.

Fobi Ai Interest Expense Historical Data

The historical data trend for Fobi Ai'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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Fobi Ai Interest Expense Chart

Fobi Ai Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.13

-0.01

-0.10

-0.03

Fobi Ai Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-	-	-

Fobi Ai 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Fobi Ai (FRA:WMV) 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.

Fobi Ai's Interest Expense for the three months ended in Mar. 2024 was €-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.01 Mil.

Fobi Ai's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Fobi Ai did not have earnings to cover the interest expense.

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

Fobi Ai Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Fobi Ai Inc (FRA:WMV) » Definitions » Interest Expense

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FOBIF:USA FOBI:Canada

Address

541 Howe Street, Unit 2F, Vancouver, BC, CAN, V6C 2C2

Website

https://www.fobi.ai

Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.

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