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BioVaxys Technology (BioVaxys Technology) Interest Expense : $0.00 Mil (TTM As of Jul. 2023)


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What is BioVaxys Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BioVaxys Technology's interest expense for the three months ended in Jul. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was $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. BioVaxys Technology's Operating Income for the three months ended in Jul. 2023 was $ -0.43 Mil. BioVaxys Technology's Interest Expense for the three months ended in Jul. 2023 was $ 0.00 Mil. BioVaxys Technology 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.


BioVaxys Technology Interest Expense Historical Data

The historical data trend for BioVaxys Technology'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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BioVaxys Technology Interest Expense Chart

BioVaxys Technology Annual Data
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BioVaxys Technology Quarterly Data
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BioVaxys Technology 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


BioVaxys Technology  (OTCPK:BVAXF) 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.

BioVaxys Technology's Interest Expense for the three months ended in Jul. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jul. 2023 was $-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2023 was $0.00 Mil.

BioVaxys Technology's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

BioVaxys Technology 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. BioVaxys Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.


BioVaxys Technology (BioVaxys Technology) Business Description

Traded in Other Exchanges
Address
146 Thirtieth Street, Suite 100, Etobicoke, ON, CAN, M8W 3D4
BioVaxys Technology Corp is a clinical-stage biopharma company. The company develops antiviral and anticancer vaccine platforms to treat SARS-CoV-2 and other viral infections, as well as ovarian cancer and other solid tumor types.