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Leet Technology (Leet Technology) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)


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What is Leet Technology Interest Expense?

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

Leet Technology Interest Expense Historical Data

The historical data trend for Leet Technology'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.

Leet Technology Interest Expense Chart

Leet Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 - - - -0.01

Leet Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Leet Technology 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 Dec. 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.

Leet Technology  (OTCPK:LTES) 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.

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

Leet Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Leet Technology 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.

Leet Technology (Leet Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Leet Technology Inc (OTCPK:LTES) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Jalan Othman, 805, 8th Floor, Menara Mutiara Majestic, Petaling Jaya, SGR, MYS, 46000
Website
https://www.myleet.com
Leet Technology Inc is a technology company developing and operating platforms focused on eSports platform in Malaysia. Its gaming platform allows tournament organizers, brands, players, and game developers to organize esports tournaments utilizing their platform tools.
Executives
Dai Song director, 10 percent owner, officer: CEO, CFO, Secretary 803 & 805, 8TH FLOOR, MENARA MUTIARA MAJECTIC, JALAN OTHMAN, PETALING JAYA N8 46000
Doheny Group, Llc 10 percent owner 1702 S. ROBERTSON BLVD, #111, LOS ANGELES CA 90035
David Haridim director, 10 percent owner, officer: Pres., CEO, CFO, Secretary 1427 S ROBERTSON BLVD, LOS ANGELES CA 90035
Laurence Wainer director, 10 percent owner, officer: President 137 SOUTH ROBERSTON BOULEVARD, BEVERLY HILLS CA 90211
James M Cassidy other: former president and director 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: former vp and director 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212