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GLAI (Global AI) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)


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What is Global AI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global AI's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Global AI's Operating Income for the three months ended in Sep. 2024 was $ -0.12 Mil. Global AI's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Global AI 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.

Global AI Interest Expense Historical Data

The historical data trend for Global 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.

* Premium members only.

Global AI Interest Expense Chart

Global AI Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
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Global AI Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Global 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

Global AI  (OTCPK:GLAI) 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.

Global AI's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

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

Global AI 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.

Good Sign:

Global AI Inc has no debt.

Global AI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global AI Inc (OTCPK:GLAI) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
110 Front Street, Suite 300, Jupiter, FL, USA, 33477
Website
https://www.globalai.co
Global AI Inc is a company expects to acquire, integrate and develop artificial intelligence based technology companies and assets. The Company intends to focus its Acquisitions on machine and deep learning, generative AI, computer vision, natural language processing, and other AI technologies. The Company focuses on Acquisitions that are scalable and have revenue models that provide for tangible growth.
Executives
Ronald G. Teblum director, 10 percent owner, officer: CEO 10635 NW 66TH CRT., PARKLAND FL 33076
Jerrold Dean Burden director, 10 percent owner, officer: CFO/Secretary/Treasurer 2153 IMPERIAL POINT DRIVE, FORT LAUDERDALE FL 33308

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