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LABZF (Metasphere Labs) Interest Expense : $-0.01 Mil (TTM As of Jan. 2025)


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What is Metasphere Labs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metasphere Labs's interest expense for the three months ended in Jan. 2025 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 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. Metasphere Labs's Operating Income for the three months ended in Jan. 2025 was $ -0.08 Mil. Metasphere Labs's Interest Expense for the three months ended in Jan. 2025 was $ 0.00 Mil. Metasphere Labs 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.


Metasphere Labs Interest Expense Historical Data

The historical data trend for Metasphere Labs'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.

Metasphere Labs Interest Expense Chart

Metasphere Labs Annual Data
Trend Jul20 Jul21 Jul22 Jul23 Jul24
Interest Expense
- - -0.02 -0.10 -0.04

Metasphere Labs Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 - - - -

Metasphere Labs 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.


Metasphere Labs  (OTCPK:LABZF) 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.

Metasphere Labs's Interest Expense for the three months ended in Jan. 2025 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2025 was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was $0.00 Mil.

Metasphere Labs's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Metasphere Labs 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.


Metasphere Labs Business Description

Traded in Other Exchanges
Address
1890 – 1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9
Metasphere Labs Inc develops solutions for the metaverse, DAOs, gamification, and Web3, addressing social challenges related to climate change and aiming for a positive planetary impact. Its projects portfolio includes ClimateBot, and CarbonBot. Company operates in one single segment, which is the design, development, and sale of exclusive Non-Fungible Tokens. Its maximum revenue is from non-fungible tokens (NFT), with Geographical revenue from Canada.