Titan Logix (Titan Logix) Interest Expense : $-0.03 Mil (TTM As of Feb. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Titan Logix Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Titan Logix's interest expense for the three months ended in Feb. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.03 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. Titan Logix's Operating Income for the three months ended in Feb. 2024 was $ -0.07 Mil. Titan Logix's Interest Expense for the three months ended in Feb. 2024 was $ -0.01 Mil. Titan Logix 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.

Titan Logix Interest Expense Historical Data

The historical data trend for Titan Logix'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.

Titan Logix Interest Expense Chart

Titan Logix Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

Get a 7-Day Free Trial

-0.02

-0.01

Titan Logix Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-	-	-0.01	-0.01	-0.01

Titan Logix 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Titan Logix (OTCPK:TPCFF) 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.

Titan Logix's Interest Expense for the three months ended in Feb. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.50 Mil.

Titan Logix's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Titan Logix did not have earnings to cover the interest expense.

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

Titan Logix (Titan Logix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titan Logix Corp (OTCPK:TPCFF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TLA:Canada

Address

4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5

Website

https://www.titanlogix.com

Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.