What is Skkynet Cloud Systems Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Skkynet Cloud Systems's interest expense for the
three
months ended in Jan. 2025 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was $0.00 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. Skkynet Cloud Systems's Operating Income for the
three
months ended in Jan. 2025 was $ 0.20 Mil. Skkynet Cloud Systems's Interest Expense for the
three
months ended in Jan. 2025 was $ 0.00 Mil.
Skkynet Cloud Systems 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.
Skkynet Cloud Systems 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.
Skkynet Cloud Systems (OTCPK:SKKY) 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.
Skkynet Cloud Systems's Interest Expense for the
three
months ended in Jan. 2025 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Jan. 2025 was $0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2025 was $0.00 Mil.
Skkynet Cloud Systems's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as
| Skkynet Cloud Systems had no long-term debt (1). |
* 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.
Good Sign:
Skkynet Cloud Systems Inc has no debt.
Skkynet Cloud Systems Business Description
Traded in Other Exchanges
N/A
Address
2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
Executives
| Andrew S Thomas |
director, 10 percent owner, officer: Chief Executive Officer |
2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7 |
| Paul Benford |
director, 10 percent owner, officer: Chief Operating Officer |
2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7 |
| Lowell Thomas Holden |
officer: Chief Financial Officer |
631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408 |
| Paul E Thomas |
director, 10 percent owner, officer: President |
2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7 |
| Xavier Eric Mesrobian |
officer: VP Sales and Marketing |
2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7 |
| John X Adiletta |
director |
51 BOULDERWOOD DRIVE, BERNARDSVILLE NJ 07924 |
| Kenneth W. Jennings |
director |
2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7 |
| Norman Evans |
director |
5650 TOMKEN RD., UNIT 16, MISSISSAUGA A6 L4W 4P1 |
| Michael R Thomas |
other: Advisor |
2233 ARGENTIA ROAD, SUITE 306, MISSISSAUGA A6 L5N 2X7 |
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