Moolec Science (Moolec Science) Interest Expense : $-0.20 Mil (TTM As of Dec. 2023)

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What is Moolec Science Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Moolec Science's interest expense for the three months ended in Dec. 2023 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.20 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. Moolec Science's Operating Income for the three months ended in Dec. 2023 was $ -1.79 Mil. Moolec Science's Interest Expense for the three months ended in Dec. 2023 was $ -0.10 Mil. Moolec Science 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.

Moolec Science Interest Expense Historical Data

The historical data trend for Moolec Science'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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Moolec Science Interest Expense Chart

Moolec Science Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

-0.16

Moolec Science Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.31	-	-	-0.10	-0.10

Moolec Science 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 quarterly data reported by the company within the most recent 12 months, which was $-0.20 Mil.

Moolec Science (NAS:MLEC) 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.

Moolec Science's Interest Expense for the three months ended in Dec. 2023 was $-0.10 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-1.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $5.95 Mil.

Moolec Science's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Moolec Science did not have earnings to cover the interest expense.

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

Moolec Science (Moolec Science) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Moolec Science SA (NAS:MLEC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

17, Boulevard F.W. Raiffeisen, Luxembourg, LUX, L-2411

Website

https://www.moolecscience.com

Moolec Science SA is a science-based ingredient company focused on producing real animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. Its purpose is to upgrade the taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system.