Mijem Newcomm Tech (XCNQ:MJEM) Interest Expense : C$-0.00 Mil (TTM As of Jan. 2024)

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What is Mijem Newcomm Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mijem Newcomm Tech's interest expense for the three months ended in Jan. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Mijem Newcomm Tech's Operating Income for the three months ended in Jan. 2024 was C$ -0.04 Mil. Mijem Newcomm Tech's Interest Expense for the three months ended in Jan. 2024 was C$ -0.00 Mil. Mijem Newcomm Tech 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.

Mijem Newcomm Tech Interest Expense Historical Data

The historical data trend for Mijem Newcomm Tech'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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Mijem Newcomm Tech Interest Expense Chart

Mijem Newcomm Tech Annual Data

Trend

Dec20

Jul21

Jul22

Jul23

Interest Expense

-0.06

Mijem Newcomm Tech Quarterly Data
	Oct20	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

Mijem Newcomm Tech 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 Mil.

Mijem Newcomm Tech (XCNQ:MJEM) 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.

Mijem Newcomm Tech's Interest Expense for the three months ended in Jan. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Mijem Newcomm Tech's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Mijem Newcomm Tech did not have earnings to cover the interest expense.

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

Mijem Newcomm Tech (XCNQ:MJEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mijem Newcomm Tech Inc (XCNQ:MJEM) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

50 Carroll St, Toronto, ON, CAN, M4M 3G3

Website

https://www.mijem.com

Mijem Newcomm Tech Inc is engaged in the development and monetization of online and mobile applications.

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