Airiq (TSXV:IQ) Interest Expense : C$0.00 Mil (TTM As of Dec. 2024)

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What is Airiq Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Airiq's interest expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. Airiq's Operating Income for the three months ended in Dec. 2024 was C$ -0.04 Mil. Airiq's Interest Expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Airiq 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.

Airiq Interest Expense Historical Data

The historical data trend for Airiq'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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Airiq Interest Expense Chart

Airiq Annual Data

Trend

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Interest Expense

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-0.01

Airiq Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Airiq 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Airiq (TSXV:IQ) 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.

Airiq's Interest Expense for the three months ended in Dec. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$0.00 Mil.

Airiq's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Airiq had no long-term debt ⁽¹⁾.

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

Good Sign:

Airiq Inc has no debt.

Airiq Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Airiq Inc (TSXV:IQ) » Definitions » Interest Expense

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AILQF:USA

Address

1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5

Website

https://www.airiq.com

Airiq Inc is a pioneer in IoT-based asset management solutions. The company solutions allow commercial businesses to reliably, effectively, and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. The company solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.

Executives

Vernon Lobo	Director, Director or Senior Officer of 10% Security Holder
Bora Kwak	Senior Officer
Geoffrey Rotstein	Director
Michael Robb	Director, Senior Officer
Gabriel Bouchard-phillips	Director
Vecima Networks Inc.	10% Security Holder