Cognetivity Neurosciences (STU:1UB) Interest Expense: €-3.12 Mil (TTM As of Oct. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cognetivity Neurosciences Interest Expense?

Cognetivity Neurosciences STU:1UB Interest Expense is €-3.12 Mil as of Oct. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cognetivity Neurosciences's interest expense for the three months ended in Oct. 2023 was € -0.92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was €-3.12 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. Cognetivity Neurosciences's Operating Income for the three months ended in Oct. 2023 was € -0.62 Mil. Cognetivity Neurosciences's Interest Expense for the three months ended in Oct. 2023 was € -0.92 Mil. Cognetivity Neurosciences 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.

Cognetivity Neurosciences  (STU:1UB) 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.

Cognetivity Neurosciences's Interest Expense for the three months ended in Oct. 2023 was €-0.92 Mil. Its Operating Income for the three months ended in Oct. 2023 was €-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was €0.00 Mil.

Cognetivity Neurosciences's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Cognetivity Neurosciences 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.

Cognetivity Neurosciences Interest Expense Historical Data

* Premium members only.

The historical data trend for Cognetivity Neurosciences'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.

Cognetivity Neurosciences Interest Expense Chart

Cognetivity Neurosciences Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Interest Expense
Get a 7-Day Free Trial 0.01 -0.04 -0.04 -0.04 -0.71

Cognetivity Neurosciences Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -0.05 -0.63 -0.77 -0.81 -0.92

Cognetivity Neurosciences 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.12 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 €-3.12 Mil mean?
Cognetivity Neurosciences (STU:1UB) has a Interest Expense of €-3.12 Mil as of Oct. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Cognetivity Neurosciences and its competitors.
Is Cognetivity Neurosciences' Interest Expense too high?
Cognetivity Neurosciences' current Interest Expense is €-3.12 Mil.
How does Cognetivity Neurosciences' Interest Expense compare to VEEV and GEHC?
Cognetivity Neurosciences' Interest Expense of €-3.12 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 Cognetivity Neurosciences and its competitors. Cognetivity Neurosciences's current Interest Expense is €-3.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognetivity Neurosciences stock overvalued right now?
Cognetivity Neurosciences (STU:1UB) has a current Interest Expense of €-3.12 Mil. The current Interest Expense is €-3.12 Mil. 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 Cognetivity Neurosciences (STU:1UB), the current Interest Expense is €-3.12 Mil as of Oct. 2023. 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.

Cognetivity Neurosciences Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Cognetivity Neurosciences Ltd is a technology company developing a cognitive testing platform, the Integrated Cognitive Assessment (ICA), for use in medical, commercial, and consumer environments for potentially allowing early diagnosis of dementia. The Company is considered operating in one segment for development of the ICA platform. Its geographical areas include Canada, United Kingdom and Dubai.