Aduro Clean Technologies (XCNQ:ACT) Interest Expense : C$-0.01 Mil (TTM As of Feb. 2024)

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What is Aduro Clean Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aduro Clean Technologies's interest expense for the three months ended in Feb. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.01 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. Aduro Clean Technologies's Operating Income for the three months ended in Feb. 2024 was C$ -2.02 Mil. Aduro Clean Technologies's Interest Expense for the three months ended in Feb. 2024 was C$ -0.00 Mil. Aduro Clean Technologies 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.

Aduro Clean Technologies Interest Expense Historical Data

The historical data trend for Aduro Clean Technologies'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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Aduro Clean Technologies Interest Expense Chart

Aduro Clean Technologies Annual Data

Trend

May18

May19

May20

May21

May22

May23

Interest Expense

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-0.04

-0.06

-0.04

-0.02

Aduro Clean Technologies Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Aduro Clean Technologies 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 C$-0.01 Mil.

Aduro Clean Technologies (XCNQ:ACT) 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.

Aduro Clean Technologies's Interest Expense for the three months ended in Feb. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-2.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.11 Mil.

Aduro Clean Technologies's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Aduro Clean Technologies did not have earnings to cover the interest expense.

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

Aduro Clean Technologies (XCNQ:ACT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aduro Clean Technologies Inc (XCNQ:ACT) » Definitions » Interest Expense

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ACTHF:USA 9D50:Germany

Address

1086 Modeland Road, Suite 104, Sarnia, ON, CAN, N7S 6L2

Website

https://www.adurocleantech.com

Aduro Clean Technologies Inc is a developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into feedstocks and higher-value fuels. The company's technology activates unique properties of water in a chemistry platform that operates at relatively low temperatures and costs.