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Fineqia International (XCNQ:FNQ) Interest Expense : C$-0.07 Mil (TTM As of Sep. 2024)


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What is Fineqia International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fineqia International's interest expense for the three months ended in Sep. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.07 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. Fineqia International's Operating Income for the three months ended in Sep. 2024 was C$ -0.68 Mil. Fineqia International's Interest Expense for the three months ended in Sep. 2024 was C$ -0.01 Mil. Fineqia International 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.


Fineqia International Interest Expense Historical Data

The historical data trend for Fineqia International'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.

Fineqia International Interest Expense Chart

Fineqia International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.06

Fineqia International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.02 -0.01 -0.03 -0.02 -0.01

Fineqia International 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 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.


Fineqia International  (XCNQ:FNQ) 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.

Fineqia International's Interest Expense for the three months ended in Sep. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.83 Mil.

Fineqia International's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Fineqia International 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.


Fineqia International Business Description

Traded in Other Exchanges
Address
57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER
Fineqia International Inc provides investors with institutional-grade exposure to the emerging digital asset economy via a portfolio of companies, products and projects at the convergence of blockchain-based Decentralized Finance (DeFi) and Traditional Finance (TradFi). Its European subsidiary is an issuer of Exchange Traded Notes (ETNs) in the European Union, and its UK unit is an adviser to Actively Management Certificates (AMCs) in Europe, including the Digital Asset Blockchain Infrastructure (DABI) one. The company's portfolio of investments includes businesses tokenizing Real-World Assets (RWAs), Artificial Intelligence (AI), DeFi and blockchain protocols.
Executives
Bundeep Singh Rangar Director, Senior Officer

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