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Critical Infrastructure Technologies (XCNQ:CTTT) Interest Expense : C$-0.02 Mil (TTM As of Mar. 2024)


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What is Critical Infrastructure Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Critical Infrastructure Technologies's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.02 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. Critical Infrastructure Technologies's Operating Income for the three months ended in Mar. 2024 was C$ -0.03 Mil. Critical Infrastructure Technologies's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Critical Infrastructure Technologies 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.


Critical Infrastructure Technologies Interest Expense Historical Data

The historical data trend for Critical Infrastructure 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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Critical Infrastructure Technologies Interest Expense Chart

Critical Infrastructure Technologies Annual Data
Trend Jun21 Jun22 Jun23
Interest Expense
- -0.08 -0.08

Critical Infrastructure Technologies Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial - - -0.02 - -

Critical Infrastructure 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 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.


Critical Infrastructure Technologies  (XCNQ:CTTT) 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.

Critical Infrastructure Technologies's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Critical Infrastructure Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Critical Infrastructure Technologies had no long-term debt (1).

* 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.


Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1
Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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