TruTrace Technologies (XCNQ:TTT) Interest Expense : C$-0.06 Mil (TTM As of Jan. 2023)

View and export this data going back to 2012. Start your Free Trial

What is TruTrace Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TruTrace Technologies's interest expense for the three months ended in Jan. 2023 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was C$-0.06 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. TruTrace Technologies's Operating Income for the three months ended in Jan. 2023 was C$ -0.13 Mil. TruTrace Technologies's Interest Expense for the three months ended in Jan. 2023 was C$ -0.02 Mil. TruTrace Technologies 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.

TruTrace Technologies Interest Expense Historical Data

The historical data trend for TruTrace Technologies'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.

TruTrace Technologies Interest Expense Chart

TruTrace Technologies Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Apr19

Apr20

Apr21

Apr22

Interest Expense

Get a 7-Day Free Trial

-0.02

-0.05

-0.01

TruTrace Technologies Quarterly Data
	Mar18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Interest Expense	Get a 7-Day Free Trial															-	-	-0.02	-0.02	-0.02

TruTrace Technologies 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.06 Mil.

TruTrace Technologies (XCNQ:TTT) 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.

TruTrace Technologies's Interest Expense for the three months ended in Jan. 2023 was C$-0.02 Mil. Its Operating Income for the three months ended in Jan. 2023 was C$-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2023 was C$0.00 Mil.

TruTrace Technologies's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

TruTrace Technologies did not have earnings to cover the interest expense.

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

TruTrace Technologies (XCNQ:TTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TruTrace Technologies Inc (XCNQ:TTT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TTTSF:USA

Address

61 Regal Road, Toronto, ON, CAN, M6H 2J6

Website

https://www.trutrace.co

TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.

Executives

Michael Kraft

Director

TruTrace Technologies (XCNQ:TTT) Headlines

From GuruFocus

Top 5 1st Quarter Trades of KCM INVESTMENT ADVISORS LLC

By GuruFocus Research GuruFocus Editor • 05-15-2022