BEACN Wizardry & Magic (TSXV:BECN) Interest Expense : C$-0.00 Mil (TTM As of Sep. 2023)

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What is BEACN Wizardry & Magic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BEACN Wizardry & Magic's interest expense for the three months ended in Sep. 2023 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-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. BEACN Wizardry & Magic's Operating Income for the three months ended in Sep. 2023 was C$ -0.62 Mil. BEACN Wizardry & Magic's Interest Expense for the three months ended in Sep. 2023 was C$ -0.00 Mil. BEACN Wizardry & Magic 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.

BEACN Wizardry & Magic Interest Expense Historical Data

The historical data trend for BEACN Wizardry & Magic'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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BEACN Wizardry & Magic Interest Expense Chart

BEACN Wizardry & Magic Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.02

-0.05

BEACN Wizardry & Magic Quarterly Data
	Nov20	Feb21	May21	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial							-0.05	0.02	-0.01	-0.01	-

BEACN Wizardry & Magic 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 Mil.

BEACN Wizardry & Magic (TSXV:BECN) 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.

BEACN Wizardry & Magic's Interest Expense for the three months ended in Sep. 2023 was C$-0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.31 Mil.

BEACN Wizardry & Magic's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

BEACN Wizardry & Magic did not have earnings to cover the interest expense.

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

BEACN Wizardry & Magic (TSXV:BECN) Business Description

Industry

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Traded in Other Exchanges

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Address

3450 Uptown Boulevard, Suite 301, Victoria, BC, CAN, V8Z 0B9

Website

BEACN Wizardry & Magic Inc develops innovative audio equipment, peripherals, and technology for gamers, live streamers, and content creators. The group delivers premium products that produce studio-quality content. Its product portfolio consists of Beacn Mic, Beacn Mix, and?Beacn Mix Create. The group has two reportable geographic segments namely North America and Other.