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SoLVBL Solutions (SoLVBL Solutions) Interest Expense : $-0.00 Mil (TTM As of Jun. 2023)


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What is SoLVBL Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SoLVBL Solutions's interest expense for the three months ended in Jun. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 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. SoLVBL Solutions's Operating Income for the three months ended in Jun. 2023 was $ -0.70 Mil. SoLVBL Solutions's Interest Expense for the three months ended in Jun. 2023 was $ -0.00 Mil. SoLVBL 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.


SoLVBL Solutions Interest Expense Historical Data

The historical data trend for SoLVBL 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.

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SoLVBL Solutions Interest Expense Chart

SoLVBL Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Expense
-0.01 -0.02 -0.01 -

SoLVBL Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

SoLVBL 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 Jun. 2023 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.


SoLVBL Solutions  (OTCPK:SOLBF) 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.

SoLVBL Solutions's Interest Expense for the three months ended in Jun. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.04 Mil.

SoLVBL Solutions's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

SoLVBL 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.


SoLVBL Solutions (SoLVBL Solutions) Business Description

Traded in Other Exchanges
Address
100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7
SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

SoLVBL Solutions (SoLVBL Solutions) Headlines