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Brand Engagement Network (Brand Engagement Network) Interest Expense : $-0.06 Mil (TTM As of Dec. 2023)


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What is Brand Engagement Network Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brand Engagement Network's interest expense for the six months ended in Dec. 2023 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.06 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. Brand Engagement Network's Operating Income for the six months ended in Dec. 2023 was $ -5.96 Mil. Brand Engagement Network's Interest Expense for the six months ended in Dec. 2023 was $ -0.04 Mil. Brand Engagement Network 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.


Brand Engagement Network Interest Expense Historical Data

The historical data trend for Brand Engagement Network'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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Brand Engagement Network Interest Expense Chart

Brand Engagement Network Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- - -0.06

Brand Engagement Network Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense - - - -0.02 -0.04

Brand Engagement Network 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.06 Mil.

* 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.


Brand Engagement Network  (NAS:BNAI) 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.

Brand Engagement Network's Interest Expense for the six months ended in Dec. 2023 was $-0.04 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-5.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $1.17 Mil.

Brand Engagement Network's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Brand Engagement Network did not have earnings to cover the interest expense.

* 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.


Brand Engagement Network (Brand Engagement Network) Business Description

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Traded in Other Exchanges
N/A
Address
145 E. Snow King Avenue, PO Box 1045, Jackson, WY, USA, 83001
Brand Engagement Network Inc is an innovative AI platform provider, designed to interface with emerging technologies, including blockchain, the internet of Things, and cloud computing, that drive digital transformation across various industries and provide businesses with an unparalleled competitive edge. BEN offers a suite of configured and customizable applications, including natural language processing, anomaly detection, encryption, recommendation engines, sentiment analysis, image recognition, personalization, and real-time decision-making.

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