LUXFD (Luxxfolio Holdings) Interest Expense : $0.00 Mil (TTM As of Nov. 2024)

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What is Luxxfolio Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luxxfolio Holdings's interest expense for the three months ended in Nov. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 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. Luxxfolio Holdings's Operating Income for the three months ended in Nov. 2024 was $ -0.01 Mil. Luxxfolio Holdings's Interest Expense for the three months ended in Nov. 2024 was $ 0.00 Mil. Luxxfolio Holdings 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.

Luxxfolio Holdings Interest Expense Historical Data

The historical data trend for Luxxfolio Holdings'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.

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Luxxfolio Holdings Interest Expense Chart

Luxxfolio Holdings Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Interest Expense

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-0.32

-1.58

-0.05

Luxxfolio Holdings Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Luxxfolio Holdings 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Luxxfolio Holdings (OTCPK:LUXFD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Luxxfolio Holdings's Interest Expense for the three months ended in Nov. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was $0.00 Mil.

Luxxfolio Holdings's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Luxxfolio Holdings had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Luxxfolio Holdings Inc has no debt.

Luxxfolio Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Luxxfolio Holdings Inc (OTCPK:LUXFD) » Definitions » Interest Expense

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LUH:Germany LUXX:Canada

Address

417 - 1080 Mainland Street, Vancouver, BC, CAN, V6B 2T4

Website

https://www.luxxfolio.com

Luxxfolio Holdings Inc is a Canada-based financial technology company that is developing a cloud-based blockchain platform to enable users to record and authenticate luxury assets and use them to qualify for personal financial products. These may include digital assets such as contract obligations, loan contracts, cryptocurrency; and physical assets such as commercial equipment and consumer-based assets.