Spetz (XCNQ:SPTZ) Interest Expense : C$-0.14 Mil (TTM As of Sep. 2024)

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What is Spetz Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spetz's interest expense for the three months ended in Sep. 2024 was C$ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.14 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. Spetz's Operating Income for the three months ended in Sep. 2024 was C$ -0.41 Mil. Spetz's Interest Expense for the three months ended in Sep. 2024 was C$ -0.13 Mil. Spetz 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.

Spetz Interest Expense Historical Data

The historical data trend for Spetz'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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Spetz Interest Expense Chart

Spetz Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Dec23

Interest Expense

-0.03

-0.24

-0.32

-0.02

-0.40

Spetz Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.33	0.17	-0.10	-0.08	-0.13

Spetz 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$-0.14 Mil.

Spetz (XCNQ:SPTZ) 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.

Spetz's Interest Expense for the three months ended in Sep. 2024 was C$-0.13 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.00 Mil.

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

Spetz did not have earnings to cover the interest expense.

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

Spetz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spetz Inc (XCNQ:SPTZ) » Definitions » Interest Expense

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Traded in Other Exchanges

DBKSF:USA

Address

40 King Street West, Scotia Plaza, Suite 5800, P.O. Box 1011, Miller Thomson Llp, Toronto, ON, CAN, M5H 3S1

Website

https://www.spetz.app

Spetz Inc is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.

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