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InsuraGuest Technologies (TSXV:ISGI) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)


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What is InsuraGuest Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. InsuraGuest Technologies's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. InsuraGuest Technologies's Operating Income for the three months ended in Dec. 2023 was C$ -0.22 Mil. InsuraGuest Technologies's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. InsuraGuest Technologies 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.


InsuraGuest Technologies Interest Expense Historical Data

The historical data trend for InsuraGuest Technologies'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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InsuraGuest Technologies Interest Expense Chart

InsuraGuest Technologies Annual Data
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Interest Expense
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InsuraGuest Technologies Quarterly Data
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InsuraGuest Technologies 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$0.00 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.


InsuraGuest Technologies  (TSXV:ISGI) 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.

InsuraGuest Technologies's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

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

InsuraGuest Technologies had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. InsuraGuest Technologies Inc has enough cash to cover all of its debt. Its financial situation is stable.


InsuraGuest Technologies (TSXV:ISGI) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 1140, Vancouver, BC, CAN, V6C 2T6
InsuraGuest Technologies Inc is an insurtech (insurance + technology) company disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. Its products include InsuraGuest Hospitality and InsuraGuest Technologies' Insurtech Platform. It is a SaaS company utilizing proprietary insurance and technology software to integrate with hotel and vacation rental property management systems to deliver digital insurance products.
Executives
Logan Bruce Anderson Director, Senior Officer

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