OKAIF (EvokAI Creative Labs) Interest Expense: $-0.02 Mil (TTM As of Sep. 2024)

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OKAIF EvokAI Creative Labs Inc OKAIF
15 GF Score
Price $0.12
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What is EvokAI Creative Labs Interest Expense?

EvokAI Creative Labs OKAIF -30.15% 15 Interest Expense is $-0.02 Mil as of Sep. 2024. GuruFocus rates OKAIF with a GF Score™ of 15/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EvokAI Creative Labs's interest expense for the three months ended in Sep. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.02 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. EvokAI Creative Labs's Operating Income for the three months ended in Sep. 2024 was $ -0.20 Mil. EvokAI Creative Labs's Interest Expense for the three months ended in Sep. 2024 was $ -0.01 Mil. EvokAI Creative Labs 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.

EvokAI Creative Labs  (OTCPK:OKAIF) 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.

EvokAI Creative Labs's Interest Expense for the three months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.71 Mil.

EvokAI Creative Labs's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

EvokAI Creative Labs 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.

EvokAI Creative Labs Interest Expense Historical Data

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The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Interest Expense Chart

EvokAI Creative Labs Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
0.00 0.00 -0.02

EvokAI Creative Labs Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 0.00 -0.01 -0.01
OKAIF
15GF Score
EvokAI Creative Labs Inc OKAIF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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EvokAI Creative Labs 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
EvokAI Creative Labs (OKAIF) has a Interest Expense of $-0.02 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on EvokAI Creative Labs and its competitors.
Is EvokAI Creative Labs' Interest Expense too high?
EvokAI Creative Labs' current Interest Expense is $-0.02 Mil. Overall, EvokAI Creative Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does EvokAI Creative Labs' Interest Expense compare to VEEV and GEHC?
EvokAI Creative Labs' Interest Expense of $-0.02 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services 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 EvokAI Creative Labs and its competitors. EvokAI Creative Labs's current Interest Expense is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvokAI Creative Labs stock overvalued right now?
EvokAI Creative Labs (OKAIF) has a current Interest Expense of $-0.02 Mil. The current Interest Expense is $-0.02 Mil. EvokAI Creative Labs' overall GF Score™ is 15/100. 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 EvokAI Creative Labs (OKAIF), the current Interest Expense is $-0.02 Mil as of Sep. 2024. 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.

EvokAI Creative Labs Business Description

Address 609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
15GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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