Odessa Capital (TSXV:ALFA.P) Interest Expense : C$ Mil (TTM As of Apr. 2023)

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What is Odessa Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Odessa Capital's interest expense for the six months ended in Apr. 2023 was C$ 0.00 Mil. Odessa Capital does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Apr. 2023.

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. Odessa Capital's Operating Income for the six months ended in Apr. 2023 was C$ -0.01 Mil. Odessa Capital's Interest Expense for the six months ended in Apr. 2023 was C$ 0.00 Mil. Odessa Capital 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.

Odessa Capital Interest Expense Historical Data

The historical data trend for Odessa Capital'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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Odessa Capital Interest Expense Chart

Odessa Capital Annual Data

Trend

Dec23

Interest Expense

Odessa Capital Semi-Annual Data
	Apr23
Interest Expense	-

Odessa Capital Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Odessa Capital (TSXV:ALFA.P) 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.

Odessa Capital's Interest Expense for the six months ended in Apr. 2023 was C$0.00 Mil. Its Operating Income for the six months ended in Apr. 2023 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2023 was C$0.00 Mil.

Odessa Capital's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Odessa Capital had no long-term debt ⁽¹⁾.

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

Odessa Capital (TSXV:ALFA.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Odessa Capital Ltd (TSXV:ALFA.P) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

333 - 7th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 2Z1

Website

Odessa Capital Ltd is a shell company. The Corporation proposes to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction.

Odessa Capital (TSXV:ALFA.P) Headlines

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