GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » First Hydrogen Corp (TSXV:FHYD) » Definitions » Interest Expense

First Hydrogen (TSXV:FHYD) Interest Expense : C$-0.38 Mil (TTM As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is First Hydrogen Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Hydrogen's interest expense for the three months ended in Sep. 2024 was C$ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.38 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. First Hydrogen's Operating Income for the three months ended in Sep. 2024 was C$ -1.24 Mil. First Hydrogen's Interest Expense for the three months ended in Sep. 2024 was C$ -0.15 Mil. First Hydrogen 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.


First Hydrogen Interest Expense Historical Data

The historical data trend for First Hydrogen'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.

First Hydrogen Interest Expense Chart

First Hydrogen Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial - - -0.41 -0.18 -0.17

First Hydrogen Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.05 -0.12 -0.06 -0.15

First Hydrogen 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.38 Mil.

* 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.


First Hydrogen  (TSXV:FHYD) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Hydrogen's Interest Expense for the three months ended in Sep. 2024 was C$-0.15 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-1.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$2.79 Mil.

First Hydrogen's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

First Hydrogen did not have earnings to cover the interest expense.

* 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.

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


First Hydrogen Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1540, Vancouver, BC, CAN, V6E4A6
First Hydrogen Corp is a Vancouver Canada and London UK-based company focused on zero-emission vehicles, green hydrogen production, and distribution and supercritical carbon dioxide extractor systems in in UK, EU, and North America. Geographically the company operates in the UK and Canada.

First Hydrogen Headlines

No Headlines