Karbon-X (Karbon-X) Interest Expense : $0.00 Mil (TTM As of Feb. 2024)

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What is Karbon-X Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Karbon-X's interest expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $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. Karbon-X's Operating Income for the three months ended in Feb. 2024 was $ -0.37 Mil. Karbon-X's Interest Expense for the three months ended in Feb. 2024 was $ 0.00 Mil. GuruFocus does not calculate Karbon-X's interest coverage with the available data. 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.

Karbon-X Interest Expense Historical Data

The historical data trend for Karbon-X'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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Karbon-X Interest Expense Chart

Karbon-X Annual Data

Trend

May22

May23

Interest Expense

Karbon-X Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial				-	-	-	-	-

Karbon-X 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 $0.00 Mil.

Karbon-X (OTCPK:KARX) 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.

Karbon-X's Interest Expense for the three months ended in Feb. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.04 Mil.

Karbon-X's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

GuruFocus does not calculate Karbon-X's interest coverage with the available data.

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

Karbon-X (Karbon-X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Karbon-X Corp (OTCPK:KARX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

910 7TH AVE SW, SUITE 1000, Calgary, AB, CAN, T2P 3N8

Website

https://www.karbon-x.com

Karbon-X Corp is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth. The Company sells carbon offsets to mining, forestry, civic earthworks, transportation and oil and gas servicing companies based on their total fossil fuel consumption for individual projects.