PlasCred Circular Innovations (PlasCred Circular Innovations) Interest Expense : $-0.01 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PlasCred Circular Innovations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PlasCred Circular Innovations's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. PlasCred Circular Innovations's Operating Income for the three months ended in Mar. 2024 was $ -0.49 Mil. PlasCred Circular Innovations's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. PlasCred Circular Innovations 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.

PlasCred Circular Innovations Interest Expense Historical Data

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations Interest Expense Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.04

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Dec23	Mar24
Interest Expense	-	-0.01	-0.01	-	-

PlasCred Circular Innovations 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

PlasCred Circular Innovations (OTCPK:MGPRF) 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.

PlasCred Circular Innovations's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

PlasCred Circular Innovations's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

PlasCred Circular Innovations had no long-term debt ⁽¹⁾.

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

PlasCred Circular Innovations (PlasCred Circular Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (OTCPK:MGPRF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

XV2:Germany PLAS:Canada

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.