GEMSF (Infinity Stone Ventures) Interest Expense: $-0.32 Mil (TTM As of May. 2023)


What is Infinity Stone Ventures Interest Expense?

Infinity Stone Ventures GEMSF -99.00% Interest Expense is $-0.32 Mil as of May. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Infinity Stone Ventures's interest expense for the three months ended in May. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2023 was $-0.32 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. Infinity Stone Ventures's Operating Income for the three months ended in May. 2023 was $ -0.34 Mil. Infinity Stone Ventures's Interest Expense for the three months ended in May. 2023 was $ 0.00 Mil. Infinity Stone Ventures 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.

Infinity Stone Ventures  (OTCPK:GEMSF) 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.

Infinity Stone Ventures's Interest Expense for the three months ended in May. 2023 was $0.00 Mil. Its Operating Income for the three months ended in May. 2023 was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2023 was $0.00 Mil.

Infinity Stone Ventures's Interest Coverage for the quarter that ended in May. 2023 is calculated as

Infinity Stone Ventures had no long-term debt (1).

* 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.

Infinity Stone Ventures Interest Expense Historical Data

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The historical data trend for Infinity Stone 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.

Infinity Stone Ventures Interest Expense Chart

Infinity Stone Ventures Annual Data
Trend Aug21 Aug22
Interest Expense
-0.07 -1.30

Infinity Stone Ventures Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 -0.32 -0.00 0.00 0.00

Infinity Stone 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.32 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 $-0.32 Mil mean?
Infinity Stone Ventures (GEMSF) has a Interest Expense of $-0.32 Mil as of May. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Infinity Stone Ventures and its competitors.
Is Infinity Stone Ventures' Interest Expense too high?
Infinity Stone Ventures' current Interest Expense is $-0.32 Mil.
How does Infinity Stone Ventures' Interest Expense compare to CRM and INTU?
Infinity Stone Ventures' Interest Expense of $-0.32 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 Infinity Stone Ventures and its competitors. Infinity Stone Ventures's current Interest Expense is $-0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infinity Stone Ventures stock overvalued right now?
Infinity Stone Ventures (GEMSF) has a current Interest Expense of $-0.32 Mil. The current Interest Expense is $-0.32 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 Infinity Stone Ventures (GEMSF), the current Interest Expense is $-0.32 Mil as of May. 2023. 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.

Infinity Stone Ventures Business Description

Address 750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).