eXeBlock Technology (XCNQ:XBLK.X) Interest Expense : C$0.00 Mil (TTM As of Feb. 2024)

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What is eXeBlock Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. eXeBlock Technology's interest expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. eXeBlock Technology's Operating Income for the three months ended in Feb. 2024 was C$ -0.06 Mil. eXeBlock Technology's Interest Expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. eXeBlock Technology 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.

eXeBlock Technology Interest Expense Historical Data

The historical data trend for eXeBlock Technology'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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eXeBlock Technology Interest Expense Chart

eXeBlock Technology Annual Data

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Interest Expense

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eXeBlock Technology Quarterly Data
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eXeBlock Technology 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

eXeBlock Technology (XCNQ:XBLK.X) 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.

eXeBlock Technology's Interest Expense for the three months ended in Feb. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

eXeBlock Technology's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

eXeBlock Technology had no long-term debt ⁽¹⁾.

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

Good Sign:

eXeBlock Technology Corp has no debt.

eXeBlock Technology (XCNQ:XBLK.X) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » eXeBlock Technology Corp (XCNQ:XBLK.X) » Definitions » Interest Expense

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1DF:Germany

Address

1090 West Georgia Street, Suite 280, Vancouver, BC, CAN, V6E 3V7

Website

https://www.exeblock.com

eXeBlock Technology Corp designs and develops software application . The company specializes in the development of blockchain decentralized applications which includes blockchain technology consulting and application development. It serves the gaming and telecommunication industries in Canada.

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