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REGRF (New World Solutions) Interest Expense : $-0.03 Mil (TTM As of Oct. 2024)


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What is New World Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New World Solutions's interest expense for the three months ended in Oct. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was $-0.03 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. New World Solutions's Operating Income for the three months ended in Oct. 2024 was $ -0.25 Mil. New World Solutions's Interest Expense for the three months ended in Oct. 2024 was $ -0.01 Mil. New World Solutions 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.


New World Solutions Interest Expense Historical Data

The historical data trend for New World Solutions'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.

New World Solutions Interest Expense Chart

New World Solutions Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - - -0.08 -0.01

New World Solutions Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - - -0.01 -0.01 -0.01

New World Solutions 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


New World Solutions  (OTCPK:REGRF) 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.

New World Solutions's Interest Expense for the three months ended in Oct. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Oct. 2024 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was $0.04 Mil.

New World Solutions's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

New World Solutions 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.


New World Solutions Business Description

Traded in Other Exchanges
N/A
Address
2990 Arbutus Street, 2nd Floor, Vancouver, BC, CAN, V6J 3Y9Nam
New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.