Ecolomondo (TSXV:ECM) Interest Expense : C$-0.62 Mil (TTM As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Ecolomondo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecolomondo's interest expense for the three months ended in Mar. 2024 was C$ -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.62 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. Ecolomondo's Operating Income for the three months ended in Mar. 2024 was C$ -1.19 Mil. Ecolomondo's Interest Expense for the three months ended in Mar. 2024 was C$ -0.36 Mil. Ecolomondo 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.

Ecolomondo Interest Expense Historical Data

The historical data trend for Ecolomondo'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.

Ecolomondo Interest Expense Chart

Ecolomondo Annual Data

Trend

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.07

-0.08

-0.01

-0.28

Ecolomondo 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															-	-0.02	-0.02	-0.24	-0.36

Ecolomondo 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 C$-0.62 Mil.

Ecolomondo (TSXV:ECM) 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.

Ecolomondo's Interest Expense for the three months ended in Mar. 2024 was C$-0.36 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$36.73 Mil.

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

Ecolomondo did not have earnings to cover the interest expense.

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

Ecolomondo (TSXV:ECM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ecolomondo Corp (TSXV:ECM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ECLMF:USA

Address

3435 Pitfield Boulevard, Saint-Laurent, QC, CAN, H4S 1H7

Website

https://www.ecolomondo.com

Ecolomondo Corp is a clean tech company focused on deployment of TDP turnkey facilities using its proprietary Thermal Decomposition Process (TDP) using a pyrolysis platform that converts hydrocarbon waste into marketable commodity end-products, namely carbon black substitute, oil, gas and steel. The Company's planned principal business is the sale, licencing and the manufacture of turnkey facilities based on the TDP technology platform as well as the collection of royalties from their operation or the operation of these facilities through wholly-owned or jointly-owned companies.

Executives

Michelle Jennifer Rosa

Director

Ecolomondo (TSXV:ECM) Headlines

No Headlines