Toggle3D.ai (Toggle3D.ai) Interest Expense : $0.00 Mil (TTM As of Oct. 2023)

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What is Toggle3D.ai Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toggle3D.ai's interest expense for the three months ended in Oct. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 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. Toggle3D.ai's Operating Income for the three months ended in Oct. 2023 was $ -0.78 Mil. Toggle3D.ai's Interest Expense for the three months ended in Oct. 2023 was $ 0.00 Mil. Toggle3D.ai 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.

Toggle3D.ai Interest Expense Historical Data

The historical data trend for Toggle3D.ai'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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Toggle3D.ai Interest Expense Chart

Toggle3D.ai Annual Data

Trend

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Interest Expense

Toggle3D.ai Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jul23	Oct23
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Toggle3D.ai 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 $0.00 Mil.

Toggle3D.ai (OTCPK:TGGLF) 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.

Toggle3D.ai's Interest Expense for the three months ended in Oct. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was $-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $0.00 Mil.

Toggle3D.ai's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Toggle3D.ai had no long-term debt ⁽¹⁾.

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

Good Sign:

Toggle3D.ai has no debt.

Toggle3D.ai (Toggle3D.ai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Toggle3D.ai (OTCPK:TGGLF) » Definitions » Interest Expense

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Traded in Other Exchanges

Q0C:Germany TGGL:Canada

Address

Toronto RPO Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://toggle3d.com

Toggle3D.ai is an AR-enhanced standalone web application that enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this breakthrough SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.