INX Digital Co (NEOE:INXD) Interest Expense : C$-0.15 Mil (TTM As of Mar. 2024)

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What is INX Digital Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. INX Digital Co's interest expense for the three months ended in Mar. 2024 was C$ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.15 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. INX Digital Co's Operating Income for the three months ended in Mar. 2024 was C$ -3.88 Mil. INX Digital Co's Interest Expense for the three months ended in Mar. 2024 was C$ -0.10 Mil. INX Digital Co 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.

INX Digital Co Interest Expense Historical Data

The historical data trend for INX Digital Co'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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INX Digital Co Interest Expense Chart

INX Digital Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.55

-0.92

-0.35

INX Digital Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-0.31	-0.15	-0.31	0.41	-0.10

INX Digital Co 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 C$-0.15 Mil.

INX Digital Co (NEOE:INXD) 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.

INX Digital Co's Interest Expense for the three months ended in Mar. 2024 was C$-0.10 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-3.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.54 Mil.

INX Digital Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

INX Digital Co did not have earnings to cover the interest expense.

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

INX Digital Co (NEOE:INXD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » INX Digital Co Inc (NEOE:INXD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

INXDF:USA FN4:Germany

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.inx.co

INX Digital Co Inc is engaged in offering regulated trading platforms for digital securities and cryptocurrencies. Its vision is to be the preferred global regulated hub for digital assets on the blockchain.

Executives

Shy Datika

10% Security Holder, Director, Senior Officer

INX Digital Co (NEOE:INXD) Headlines

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