Nextgen Digital Platforms (XCNQ:NXT) Interest Expense : C$0.00 Mil (TTM As of Dec. 2024)

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What is Nextgen Digital Platforms Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nextgen Digital Platforms's interest expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Nextgen Digital Platforms's Operating Income for the three months ended in Dec. 2024 was C$ -0.39 Mil. Nextgen Digital Platforms's Interest Expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Nextgen Digital Platforms 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.

Nextgen Digital Platforms Interest Expense Historical Data

The historical data trend for Nextgen Digital Platforms'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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Nextgen Digital Platforms Interest Expense Chart

Nextgen Digital Platforms Annual Data

Trend

Mar22

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Mar24

Interest Expense

Nextgen Digital Platforms Quarterly Data
	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Nextgen Digital Platforms 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Nextgen Digital Platforms (XCNQ:NXT) 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.

Nextgen Digital Platforms's Interest Expense for the three months ended in Dec. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$0.00 Mil.

Nextgen Digital Platforms's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Nextgen Digital Platforms had no long-term debt ⁽¹⁾.

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

Good Sign:

Nextgen Digital Platforms Inc has no debt.

Nextgen Digital Platforms Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Nextgen Digital Platforms Inc (XCNQ:NXT) » Definitions » Interest Expense

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Z12:Germany

Address

70 Trius Drive, Second Floor, Fredericton, NB, CAN, E3B 5E3

Website

https://www.nextgendigital.ca

Nextgen Digital Platforms Inc develops and acquires revenue-generating micro-technology digital platforms. It is developing a line of business referred to as Cloud AI Hosting (Cloud AI Hosting), a hardware-as-a-service business whereby the computing power of NextGen's specialized hardware workstations are leased to third-party end users for artificial intelligence applications, via a cloud-based portal.

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