Spacefy (XCNQ:SPFY) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

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What is Spacefy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spacefy'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$0.00 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. Spacefy's Operating Income for the three months ended in Dec. 2023 was C$ -0.03 Mil. Spacefy's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Spacefy 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.

Spacefy Interest Expense Historical Data

The historical data trend for Spacefy'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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Spacefy Interest Expense Chart

Spacefy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.01

Spacefy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Spacefy 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$0.00 Mil.

Spacefy (XCNQ:SPFY) 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.

Spacefy's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

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

Spacefy had no long-term debt ⁽¹⁾.

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

Spacefy (XCNQ:SPFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spacefy Inc (XCNQ:SPFY) » Definitions » Interest Expense

Comparable Companies

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SPFYF:USA YSP:Germany

Address

1 University Avenue, 3rd Floor, Toronto, ON, CAN, M5J 2P1

Website

https://www.spacefy.com

Spacefy Inc is offering space to the creative industries. It has developed an online platform named Spacefy for connecting creatives with locations to fulfill their creative projects. The Spacefy platform offers space owners the opportunity and the tools to list and rent their venues to creatives. It also provides creatives with the tools to find suitable spaces for their projects, communicate with space owners, and complete a booking of the desired space.

Executives

Michael J. Bradley

Director, Senior Officer

Spacefy (XCNQ:SPFY) Headlines

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