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Blender Bites (XCNQ:BITE) Interest Expense : C$-0.03 Mil (TTM As of Jul. 2024)


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What is Blender Bites Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blender Bites's interest expense for the three months ended in Jul. 2024 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was C$-0.03 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. Blender Bites's Operating Income for the three months ended in Jul. 2024 was C$ -1.16 Mil. Blender Bites's Interest Expense for the three months ended in Jul. 2024 was C$ -0.02 Mil. Blender Bites 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.

Blender Bites Interest Expense Historical Data

The historical data trend for Blender Bites'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.

Blender Bites Interest Expense Chart

Blender Bites Annual Data
Trend Nov14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.05 - -0.01

Blender Bites Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 - -0.01 -0.02

Blender Bites 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 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.

Blender Bites  (XCNQ:BITE) 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.

Blender Bites's Interest Expense for the three months ended in Jul. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Jul. 2024 was C$-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was C$0.00 Mil.

Blender Bites's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Blender Bites 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.

Blender Bites Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Blender Bites Ltd (XCNQ:BITE) » Definitions » Interest Expense
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Traded in Other Exchanges
JL4:Germany
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Website
https://www.blenderbites.com
Blender Bites Ltd is functional foods company which is focused on the manufacturing and distribution of natural and organic frozen smoothie products. The Company is operating its business in one reportable segment: the sale of functional frozen beverages.
Executives
Geoffrey Balderson Senior Officer
Chelsie Hodge 10% Security Holder, Director
Patrick Morris Director
Nicole Lacson Senior Officer
Grant Stanley Smith Director