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UTRX (Unitronix) Interest Expense : $-0.01 Mil (TTM As of Jun. 2023)


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What is Unitronix Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unitronix's interest expense for the six months ended in Jun. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.01 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. Unitronix's Operating Income for the six months ended in Jun. 2023 was $ -0.18 Mil. Unitronix's Interest Expense for the six months ended in Jun. 2023 was $ -0.01 Mil. Unitronix 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.

Unitronix Interest Expense Historical Data

The historical data trend for Unitronix'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.

Unitronix Interest Expense Chart

Unitronix Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.01

Unitronix Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -0.01

Unitronix Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.01 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.

Unitronix  (OTCPK:UTRX) 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.

Unitronix's Interest Expense for the six months ended in Jun. 2023 was $-0.01 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.00 Mil.

Unitronix's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Unitronix 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.

Unitronix Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Unitronix Corp (OTCPK:UTRX) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
525 Route 73 North, Suite 104, Marlton, NJ, USA, 08053
Website
https://www.unitronix.ai
Unitronix Corp is a cutting-edge blockchain technology company, dedicated to developing decentralized finance solutions that bridge the gap between traditional financial markets and the digital economy. The company is focusing on investments in crypto assets and ventures related to the cryptocurrency ecosystem.
Executives
William C Wimer officer: Chief Financial Officer C/O UNITRONIX CORP, 16 ORCHARD LN, TOPSFIELD MA 01983
Dale M Hendrick director, officer: President 111 RICHMOND STREET W STE 901, TORONTO ONTARIO, CANADA M5W 2G4 A6 0000