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LQWD Technologies (LQWD Technologies) Interest Expense : $-0.01 Mil (TTM As of Nov. 2023)


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What is LQWD Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LQWD Technologies's interest expense for the three months ended in Nov. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 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. LQWD Technologies's Operating Income for the three months ended in Nov. 2023 was $ -0.35 Mil. LQWD Technologies's Interest Expense for the three months ended in Nov. 2023 was $ -0.00 Mil. LQWD Technologies 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.


LQWD Technologies Interest Expense Historical Data

The historical data trend for LQWD Technologies'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.

LQWD Technologies Interest Expense Chart

LQWD Technologies Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 - - -

LQWD Technologies Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

LQWD Technologies 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 Nov. 2023 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.


LQWD Technologies  (OTCPK:LQWDF) 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.

LQWD Technologies's Interest Expense for the three months ended in Nov. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Nov. 2023 was $-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was $0.00 Mil.

LQWD Technologies's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

LQWD Technologies did not have earnings to cover the interest expense.

* 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.


LQWD Technologies (LQWD Technologies) Business Description

Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Vancouver, BC, CAN, V6E 3S7
LQWD Technologies Corp is developing software, which enables the setup of nodes and payment channels on the Bitcoin Lightning Network. The Lightning Network is a layer two technology that dramatically improves bitcoin's scalability, transaction fees, and settlement times.