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STOCF (Stock Trend Capital) Interest Expense : $-0.02 Mil (TTM As of Jul. 2024)


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What is Stock Trend Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stock Trend Capital's interest expense for the three months ended in Jul. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 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. Stock Trend Capital's Operating Income for the three months ended in Jul. 2024 was $ -0.01 Mil. Stock Trend Capital's Interest Expense for the three months ended in Jul. 2024 was $ 0.00 Mil. Stock Trend Capital 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.


Stock Trend Capital Interest Expense Historical Data

The historical data trend for Stock Trend Capital'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.

Stock Trend Capital Interest Expense Chart

Stock Trend Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 - -0.01 - -

Stock Trend Capital Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - -0.02 -

Stock Trend Capital 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 Jul. 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.


Stock Trend Capital  (OTCPK:STOCF) 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.

Stock Trend Capital's Interest Expense for the three months ended in Jul. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jul. 2024 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was $0.00 Mil.

Stock Trend Capital's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Stock Trend Capital 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.


Stock Trend Capital Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 301, Toronto, BC, CAN, M5V 0R2
Stock Trend Capital Inc is an investment company mainly focused on the Canadian cannabis and cannabis-related industries. The firm's primary objective is to invest its funds for the purposes of generating returns from capital appreciation and investment income.