MedBright AI Investments (XCNQ:MBAI) Interest Expense : C$-0.02 Mil (TTM As of Nov. 2024)

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What is MedBright AI Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MedBright AI Investments's interest expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was C$-0.02 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. MedBright AI Investments's Operating Income for the three months ended in Nov. 2024 was C$ -0.11 Mil. MedBright AI Investments's Interest Expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. MedBright AI Investments 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.

MedBright AI Investments Interest Expense Historical Data

The historical data trend for MedBright AI Investments'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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MedBright AI Investments Interest Expense Chart

MedBright AI Investments Annual Data

Trend

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Feb24

Interest Expense

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-0.05

-0.08

-0.05

MedBright AI Investments Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-	-	-

MedBright AI Investments 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

MedBright AI Investments (XCNQ:MBAI) 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.

MedBright AI Investments's Interest Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was C$-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was C$0.00 Mil.

MedBright AI Investments's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

MedBright AI Investments had no long-term debt ⁽¹⁾.

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

MedBright AI Investments Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MedBright AI Investments Inc (XCNQ:MBAI) » Definitions » Interest Expense

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MBAIF:USA Y30:Germany

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.medbright.ai

MedBright AI Investments Inc is a capital allocator focusing on investing in healthcare technology companies.

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