P2Earn (XCNQ:PXE) Interest Expense : C$-0.00 Mil (TTM As of Sep. 2024)

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What is P2Earn Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. P2Earn's interest expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. P2Earn's Operating Income for the three months ended in Sep. 2024 was C$ -0.01 Mil. P2Earn's Interest Expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. P2Earn 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.

P2Earn Interest Expense Historical Data

The historical data trend for P2Earn'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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P2Earn Interest Expense Chart

P2Earn Annual Data

Trend

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Interest Expense

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-0.87

-0.43

-0.01

P2Earn Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

P2Earn 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$-0.00 Mil.

P2Earn (XCNQ:PXE) 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.

P2Earn's Interest Expense for the three months ended in Sep. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.00 Mil.

P2Earn's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

P2Earn had no long-term debt ⁽¹⁾.

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

P2Earn Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » P2Earn Inc (XCNQ:PXE) » Definitions » Interest Expense

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GOOLF:USA WH4:Germany

Address

1090 Homer Street, Suite 150, Vancouver, BC, CAN, V6B 2W9

Website

https://www.p2earn.io

P2Earn Inc is an industrial-scale technology infrastructure company, serving cryptocurrencies, blockchains, and enterprise level technology projects such as podcast creation and distribution. The company generates revenue from its Bitcoin Mining operation segment.

Executives

Michael Campbell Woodman

10% Security Holder