Loop Industries (FRA:3L9) Other Operating Expense : €0.49 Mil (TTM As of Feb. 2024)

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What is Loop Industries Other Operating Expense?

Loop Industries's Other Operating Expense for the three months ended in Feb. 2024 was €0.13 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2024 was €0.49 Mil.

Loop Industries's quarterly Other Operating Expense declined from Aug. 2023 (€0.13 Mil) to Nov. 2023 (€0.12 Mil) but then increased from Nov. 2023 (€0.12 Mil) to Feb. 2024 (€0.13 Mil).

Loop Industries's annual Other Operating Expense increased from Feb. 2022 (€0.48 Mil) to Feb. 2023 (€0.51 Mil) but then declined from Feb. 2023 (€0.51 Mil) to Feb. 2024 (€0.50 Mil).

Loop Industries Other Operating Expense Historical Data

The historical data trend for Loop Industries's Other Operating 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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Loop Industries Other Operating Expense Chart

Loop Industries Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Other Operating Expense

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0.74

0.64

0.48

0.51

0.50

Loop Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Other Operating Expense	Get a 7-Day Free Trial															0.13	0.12	0.13	0.12	0.13

Loop Industries Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 €0.49 Mil.

Loop Industries Other Operating Expense Related Terms

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Loop Industries (FRA:3L9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Loop Industries Inc (FRA:3L9) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

LOOP:USA

Address

480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4

Website

http://www.loopindustries.com

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Loop Industries (FRA:3L9) Headlines

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