Ambari Brands (XCNQ:AMB) Interest Expense : C$-0.01 Mil (TTM As of Dec. 2023)

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What is Ambari Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ambari Brands's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Ambari Brands's Operating Income for the three months ended in Dec. 2023 was C$ -0.27 Mil. Ambari Brands's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Ambari Brands has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ambari Brands Interest Expense Historical Data

The historical data trend for Ambari Brands'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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Ambari Brands Interest Expense Chart

Ambari Brands Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.01

Ambari Brands Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.01	-	-0.01	-	-

Ambari Brands 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 C$-0.01 Mil.

Ambari Brands (XCNQ:AMB) 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.

Ambari Brands's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

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

Ambari Brands had no long-term debt ⁽¹⁾.

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

Ambari Brands (XCNQ:AMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ambari Brands Inc (XCNQ:AMB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AMBBF:USA Y92:Germany

Address

905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6

Website

https://www.ambaribeauty.com

Ambari Brands Incy is an emerging cosmetic company. It is a luxury, performance-driven skincare company, whose line of products is based on its customized Blend, which combines high levels of active ingredients, smart adaptogens, and broad-spectrum CBD. The firm has developed three core products - the Gold Profection22 Mask, the PM Active12 Serum and the Complex4 Hydrator Cream. The company's products are currently sold directly through its e-commerce platform, as well as through select luxury retailers online.

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