Siyata Mobile (STU:WK30) Interest Expense : €-0.09 Mil (TTM As of Dec. 2023)

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What is Siyata Mobile Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Siyata Mobile's interest expense for the three months ended in Dec. 2023 was € -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.09 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. Siyata Mobile's Operating Income for the three months ended in Dec. 2023 was € -2.87 Mil. Siyata Mobile's Interest Expense for the three months ended in Dec. 2023 was € -0.03 Mil. Siyata Mobile 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.

Siyata Mobile Interest Expense Historical Data

The historical data trend for Siyata Mobile'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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Siyata Mobile Interest Expense Chart

Siyata Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.86

-1.47

-1.72

-0.12

-0.13

Siyata Mobile Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.08	0.01	-0.03	-0.03	-0.03

Siyata Mobile 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.09 Mil.

Siyata Mobile (STU:WK30) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Siyata Mobile's Interest Expense for the three months ended in Dec. 2023 was €-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-2.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €0.35 Mil.

Siyata Mobile's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Siyata Mobile did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Siyata Mobile (STU:WK30) Business Description

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SYTA:USA

Address

1001 Lenoir Street, Suite A- 414, Montreal, QC, CAN, H4C2Z6

Website

https://www.siyatamobile.com

Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 3G (Third generation) mobile networks and cellular booster systems. The Company develops, markets and sells a portfolio of rugged handheld Push-to-Talk over Cellular (PoC) smartphone devices. These rugged business-to-business (B2B) environments are focused on enterprise customers, first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in multiple industries.

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