TRXA (Trex Acquisition) Interest Expense : $-0.02 Mil (TTM As of Dec. 2024)

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What is Trex Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trex Acquisition's interest expense for the three months ended in Dec. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Trex Acquisition's Operating Income for the three months ended in Dec. 2024 was $ -0.32 Mil. Trex Acquisition's Interest Expense for the three months ended in Dec. 2024 was $ -0.01 Mil. Trex Acquisition 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.

Trex Acquisition Interest Expense Historical Data

The historical data trend for Trex Acquisition'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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Trex Acquisition Interest Expense Chart

Trex Acquisition Annual Data

Trend

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Jun24

Interest Expense

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-0.03

Trex Acquisition Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-	-0.01	-0.01

Trex Acquisition 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Trex Acquisition (OTCPK:TRXA) 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.

Trex Acquisition's Interest Expense for the three months ended in Dec. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.00 Mil.

Trex Acquisition's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Trex Acquisition did not have earnings to cover the interest expense.

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