Tribal Rides International (Tribal Rides International) Interest Expense : $-0.04 Mil (TTM As of Jun. 2023)

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What is Tribal Rides International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tribal Rides International's interest expense for the three months ended in Jun. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.04 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. Tribal Rides International's Operating Income for the three months ended in Jun. 2023 was $ -0.36 Mil. Tribal Rides International's Interest Expense for the three months ended in Jun. 2023 was $ -0.01 Mil. Tribal Rides International 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.

Tribal Rides International Interest Expense Historical Data

The historical data trend for Tribal Rides International'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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Tribal Rides International Interest Expense Chart

Tribal Rides International Annual Data

Trend

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Dec22

Interest Expense

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-0.09

-0.24

Tribal Rides International Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.07	-0.01	-0.01	-0.01	-0.01

Tribal Rides International 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

Tribal Rides International (OTCPK:XNDA) 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.

Tribal Rides International's Interest Expense for the three months ended in Jun. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Tribal Rides International's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Tribal Rides International did not have earnings to cover the interest expense.

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

Tribal Rides International (Tribal Rides International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tribal Rides International Corp (OTCPK:XNDA) » Definitions » Interest Expense

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Address

26060 Acero, Mission Viejo, CA, USA, 92691

Website

https://www.tribalrides.us

Tribal Rides International Corp is a transportation technology company creating the future of personal mobility with a, patented focus on autonomous vehicles. It is developing a cloud-based Systems as a Solution (SaaS) interface for a comprehensive social network and mobile application. The company's planned E-commerce module will enable users to create and manage their own personalized transportation experience; to form and/or join groups; collaborate on cost-saving strategies; find, schedule, obtain transportation services from within the groups in which it belong, and easily and securely conduct financial transactions.

Executives

Joseph Grimes	director, 10 percent owner, officer: CEO	6 CLEOME, LADERA RANCH CA 92694
Steven Paul Ritacco	director, officer: Chief Technology Officer	4311 NE 18TH AVE, FT. LAUDERDALE FL 33334
Sanjay Prasad	director	221 MAIN STREET, #496, LOS ALTOS CA 94023
Donald Dewayne Smith	officer: Chief Financial Officer	C/O TRIBAL RIDES INTERNATIONAL, INC., 26060 ACERO, MISSION VIEJO CA 92691