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FintechWerx International Software Services (XCNQ:WERX) Interest Expense : C$ Mil (TTM As of Oct. 2023)


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What is FintechWerx International Software Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FintechWerx International Software Services's interest expense for the three months ended in Oct. 2023 was C$ 0.00 Mil. FintechWerx International Software Services does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Oct. 2023.

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. FintechWerx International Software Services's Operating Income for the three months ended in Oct. 2023 was C$ -0.08 Mil. FintechWerx International Software Services's Interest Expense for the three months ended in Oct. 2023 was C$ 0.00 Mil. FintechWerx International Software Services 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.

FintechWerx International Software Services Interest Expense Historical Data

The historical data trend for FintechWerx International Software Services'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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FintechWerx International Software Services Interest Expense Chart

FintechWerx International Software Services Annual Data
Trend Apr23
Interest Expense
-

FintechWerx International Software Services Quarterly Data
Jul23 Oct23
Interest Expense - -

FintechWerx International Software Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

FintechWerx International Software Services  (XCNQ:WERX) 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.

FintechWerx International Software Services's Interest Expense for the three months ended in Oct. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$0.00 Mil.

FintechWerx International Software Services's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

FintechWerx International Software Services had no long-term debt (1).

* 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.

Good Sign:

FintechWerx International Software Services Inc has no debt.

FintechWerx International Software Services (XCNQ:WERX) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » FintechWerx International Software Services Inc (XCNQ:WERX) » Definitions » Interest Expense
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Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.fintechwerx.com
FintechWerx International Software Services Inc is an e-commerce technology company. The Company is engaged in delivering enrollment, automated identity verification, payment solutions, and data management services. The FintechWerx Platform is a combination of both licensed and proprietary software together the Technology Stack that provides a single comprehensive, suite of services for small to medium sized enterprises.

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