Argo Living Soils (XCNQ:ARGO) Interest Expense : C$0.00 Mil (TTM As of Aug. 2024)

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What is Argo Living Soils Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Argo Living Soils's interest expense for the three months ended in Aug. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 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. Argo Living Soils's Operating Income for the three months ended in Aug. 2024 was C$ -0.17 Mil. Argo Living Soils's Interest Expense for the three months ended in Aug. 2024 was C$ 0.00 Mil. Argo Living Soils 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.

Argo Living Soils Interest Expense Historical Data

The historical data trend for Argo Living Soils'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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Argo Living Soils Interest Expense Chart

Argo Living Soils Annual Data

Trend

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Interest Expense

Argo Living Soils Quarterly Data
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Argo Living Soils 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Argo Living Soils (XCNQ:ARGO) 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.

Argo Living Soils's Interest Expense for the three months ended in Aug. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Aug. 2024 was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was C$0.00 Mil.

Argo Living Soils's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Argo Living Soils had no long-term debt ⁽¹⁾.

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

Argo Living Soils Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Argo Living Soils Corp (XCNQ:ARGO) » Definitions » Interest Expense

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Traded in Other Exchanges

ARLSF:USA

Address

1130 Pender Street West, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://www.argolivingsoils.com

Argo Living Soils Corp is an agribusiness company specializing in producing and developing organic products including soil amendments, living soils, bio-fertilizers, vermicompost, and compost tea kits formulated specifically for high-value crops.

Executives

Robert Carlo Intile

Director