MMTIF (Micromem Technologies) Interest Expense: $-0.95 Mil (TTM As of Jan. 2026)


What is Micromem Technologies Interest Expense?

Micromem Technologies MMTIF -1.91% Interest Expense is $-0.95 Mil as of Jan. 2026. The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Micromem Technologies's interest expense for the three months ended in Jan. 2026 was $ -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2026 was $-0.95 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. Micromem Technologies's Operating Income for the three months ended in Jan. 2026 was $ -0.30 Mil. Micromem Technologies's Interest Expense for the three months ended in Jan. 2026 was $ -0.27 Mil. Micromem 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.

Micromem Technologies  (OTCPK:MMTIF) 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.

Micromem Technologies's Interest Expense for the three months ended in Jan. 2026 was $-0.27 Mil. Its Operating Income for the three months ended in Jan. 2026 was $-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2026 was $0.01 Mil.

Micromem Technologies's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Micromem 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.

Micromem Technologies Interest Expense Historical Data

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The historical data trend for Micromem 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.

Micromem Technologies Interest Expense Chart

Micromem Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.67 -1.65 -0.82 -0.88 -0.91

Micromem Technologies Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -0.22 -0.01 -0.45 -0.22 -0.27

Micromem 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.95 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.95 Mil mean?
Micromem Technologies (MMTIF) has a Interest Expense of $-0.95 Mil as of Jan. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Micromem Technologies and its competitors.
Is Micromem Technologies' Interest Expense too high?
Micromem Technologies' current Interest Expense is $-0.95 Mil.
How does Micromem Technologies' Interest Expense compare to NVDA and AVGO?
Micromem Technologies' Interest Expense of $-0.95 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Semiconductors company?
A good Interest Expense depends on the Semiconductors industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Micromem Technologies and its competitors. Micromem Technologies's current Interest Expense is $-0.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micromem Technologies stock overvalued right now?
Micromem Technologies (MMTIF) has a current Interest Expense of $-0.95 Mil. The current Interest Expense is $-0.95 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Micromem Technologies (MMTIF), the current Interest Expense is $-0.95 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Micromem Technologies Business Description

Other Exchanges MRM:Canada
Address 121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.