Galaxy Ventures (TSXV:GXY.P) Interest Expense : C$0.00 Mil (TTM As of Mar. 2025)

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What is Galaxy Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Galaxy Ventures's interest expense for the three months ended in Mar. 2025 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 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. Galaxy Ventures's Operating Income for the three months ended in Mar. 2025 was C$ -0.01 Mil. Galaxy Ventures's Interest Expense for the three months ended in Mar. 2025 was C$ 0.00 Mil. Galaxy Ventures 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.

Galaxy Ventures Interest Expense Historical Data

The historical data trend for Galaxy Ventures'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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Galaxy Ventures Interest Expense Chart

Galaxy Ventures Annual Data

Trend

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Interest Expense

Galaxy Ventures Quarterly Data
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Galaxy Ventures 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Galaxy Ventures (TSXV:GXY.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.

Galaxy Ventures's Interest Expense for the three months ended in Mar. 2025 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2025 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was C$0.00 Mil.

Galaxy Ventures's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Galaxy Ventures had no long-term debt ⁽¹⁾.

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

Good Sign:

Galaxy Ventures Inc has no debt.

Galaxy Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Galaxy Ventures Inc (TSXV:GXY.P) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

803 - 1887 Crowe Street, Vancouver, BC, CAN, V5Y 0B4

Website

http://www.galaxyvc.com/Home.html

Galaxy Ventures Inc is a capital pool company.

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