Abound Energy (Abound Energy) Interest Expense : $-0.04 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Abound Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Abound Energy's interest expense for the three months ended in Mar. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Abound Energy's Operating Income for the three months ended in Mar. 2024 was $ -0.93 Mil. Abound Energy's Interest Expense for the three months ended in Mar. 2024 was $ -0.01 Mil. Abound Energy 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.

Abound Energy Interest Expense Historical Data

The historical data trend for Abound Energy'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.

Abound Energy Interest Expense Chart

Abound Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.46

-0.13

-0.05

-0.04

Abound Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.01	-0.01

Abound Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

Abound Energy (OTCPK:ZAIRF) 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.

Abound Energy's Interest Expense for the three months ended in Mar. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.20 Mil.

Abound Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Abound Energy did not have earnings to cover the interest expense.

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

Abound Energy (Abound Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Abound Energy Inc (OTCPK:ZAIRF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0E9:Germany ABND:Canada

Address

8765 Ash Street, Unit 1, Vancouver, BC, CAN, V6P 6T3

Website

https://www.zinc8energy.com

Zinc8 Energy Solutions Inc is a development-stage company. It develops zinc-air batteries that use zinc and air as fuel. Its technology resolves the intermittent and unpredictable nature of renewable energy sources such as wind and solar.