Cathedra Bitcoin (TSXV:CBIT) Interest Expense : C$-2.36 Mil (TTM As of Dec. 2023)

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What is Cathedra Bitcoin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cathedra Bitcoin's interest expense for the three months ended in Dec. 2023 was C$ -0.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.36 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. Cathedra Bitcoin's Operating Income for the three months ended in Dec. 2023 was C$ -1.11 Mil. Cathedra Bitcoin's Interest Expense for the three months ended in Dec. 2023 was C$ -0.71 Mil. Cathedra Bitcoin 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.

Cathedra Bitcoin Interest Expense Historical Data

The historical data trend for Cathedra Bitcoin'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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Cathedra Bitcoin Interest Expense Chart

Cathedra Bitcoin Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

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Dec23

Interest Expense

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-0.01

-0.10

-3.77

-2.93

Cathedra Bitcoin Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.28	0.24	-0.88	-0.77	-0.71

Cathedra Bitcoin 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.36 Mil.

Cathedra Bitcoin (TSXV:CBIT) 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.

Cathedra Bitcoin's Interest Expense for the three months ended in Dec. 2023 was C$-0.71 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-1.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$5.80 Mil.

Cathedra Bitcoin's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Cathedra Bitcoin did not have earnings to cover the interest expense.

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

Cathedra Bitcoin (TSXV:CBIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Interest Expense

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CBTTF:USA FB00:Germany

Address

320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3

Website

https://www.cathedra.com

Cathedra Bitcoin Inc is a Bitcoin company that believes sound money and abundant energy are the keys to human flourishing. The Company has diversified bitcoin mining operations which produce 355 PH/s across three states and five locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

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