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Tony G Co-Investment Holdings (XCNQ:TONY) Interest Expense : C$-0.97 Mil (TTM As of Oct. 2023)


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What is Tony G Co-Investment Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tony G Co-Investment Holdings's interest expense for the three months ended in Oct. 2023 was C$ -0.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was C$-0.97 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. Tony G Co-Investment Holdings's Operating Income for the three months ended in Oct. 2023 was C$ -0.15 Mil. Tony G Co-Investment Holdings's Interest Expense for the three months ended in Oct. 2023 was C$ -0.37 Mil. Tony G Co-Investment Holdings 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.


Tony G Co-Investment Holdings Interest Expense Historical Data

The historical data trend for Tony G Co-Investment Holdings'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.

* Premium members only.

Tony G Co-Investment Holdings Interest Expense Chart

Tony G Co-Investment Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.53 -0.01 -0.28 -1.13

Tony G Co-Investment Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.26 -0.16 -0.18 -0.37

Tony G Co-Investment Holdings 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.97 Mil.

* 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.


Tony G Co-Investment Holdings  (XCNQ:TONY) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tony G Co-Investment Holdings's Interest Expense for the three months ended in Oct. 2023 was C$-0.37 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$0.00 Mil.

Tony G Co-Investment Holdings's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Tony G Co-Investment Holdings did not have earnings to cover the interest expense.

* 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.

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


Tony G Co-Investment Holdings (XCNQ:TONY) Business Description

Traded in Other Exchanges
Address
5800 Ambler Drive, Suite 210, Mississauga, ON, CAN, L4W 4J4
Tony G Co-Investment Holdings Ltd is an investment holding company focused on investments in companies operating in the blockchain, cryptocurrency, payment processing, syndicated credit, online commerce, and online gambling industries, including companies or other entities that service such industries. The company's investments are domiciled in Bahamas (Cryptonews) and Lithuania (Sportclothes).

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