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Connexa Sports Technologies (Connexa Sports Technologies) Interest Expense : $-2.95 Mil (TTM As of Jan. 2024)


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What is Connexa Sports Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Connexa Sports Technologies's interest expense for the three months ended in Jan. 2024 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-2.95 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. Connexa Sports Technologies's Operating Income for the three months ended in Jan. 2024 was $ -2.19 Mil. Connexa Sports Technologies's Interest Expense for the three months ended in Jan. 2024 was $ -0.44 Mil. Connexa Sports 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.


Connexa Sports Technologies Interest Expense Historical Data

The historical data trend for Connexa Sports 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.

* Premium members only.

Connexa Sports Technologies Interest Expense Chart

Connexa Sports Technologies Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Expense
Get a 7-Day Free Trial - -2.31 -13.78 -10.24 -5.27

Connexa Sports Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.58 -1.30 -0.85 -0.37 -0.44

Connexa Sports 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.95 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.


Connexa Sports Technologies  (NAS:YYAI) 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.

Connexa Sports Technologies's Interest Expense for the three months ended in Jan. 2024 was $-0.44 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-2.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $1.25 Mil.

Connexa Sports Technologies's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Connexa Sports Technologies did not have earnings to cover the interest expense.

* 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.


Connexa Sports Technologies (Connexa Sports Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2709 North Rolling Road, Suite 138, Windsor Mill, Baltimore, MD, USA, 21244
Connexa Sports Technologies Inc is a connected sports company delivering products, technologies and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed and monetized. Its portfolio of brands includes Slinger and GAMEFACE.AI.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Mark Frederick Radom officer: GENERAL COUNSEL 2709 NORTH ROLLING ROAD, SUITE 138, WINDSOR MILL, BALTIMORE MD 21244
Mike Ballardie director, officer: CEO and Director 2709 NORTH ROLLING ROAD,, SUITE 138, WINDSOR MILL,, BALTIMORE MD 21244
Jason Paul Seifert officer: CHIEF FINANCIAL OFFICER 2420 BRIXHAM AVENUE, ORLANDO FL 32828
Yonah Kalfa 10 percent owner 9 RABAN GAMLIEL, RAANANA L3 434024