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Verisante Technology (Verisante Technology) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is Verisante Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verisante Technology's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $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. Verisante Technology's Operating Income for the three months ended in Mar. 2024 was $ -0.02 Mil. Verisante Technology's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Verisante Technology 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.


Verisante Technology Interest Expense Historical Data

The historical data trend for Verisante Technology'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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Verisante Technology Interest Expense Chart

Verisante Technology Annual Data
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Interest Expense
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Verisante Technology Quarterly Data
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Verisante Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.


Verisante Technology  (OTCPK:VRSEF) 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.

Verisante Technology's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Verisante Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Verisante Technology 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:

Verisante Technology Inc has no debt.


Verisante Technology (Verisante Technology) Business Description

Traded in Other Exchanges
Address
170 - 422 Richards Street, Vancouver, BC, CAN, V6B 2Z4
Verisante Technology Inc does not have significant operations. It is currently seeking out opportunities to acquire a successful business such as a leading provider of cutting-edge technologies and services, offering scalable solutions.