C-Comtellite Systems (C-Comtellite Systems) Interest Expense : $0.00 Mil (TTM As of Feb. 2024)

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What is C-Comtellite Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. C-Comtellite Systems's interest expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 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. C-Comtellite Systems's Operating Income for the three months ended in Feb. 2024 was $ 0.32 Mil. C-Comtellite Systems's Interest Expense for the three months ended in Feb. 2024 was $ 0.00 Mil. C-Comtellite Systems 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.

C-Comtellite Systems Interest Expense Historical Data

The historical data trend for C-Comtellite Systems'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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C-Comtellite Systems Interest Expense Chart

C-Comtellite Systems Annual Data

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Interest Expense

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C-Comtellite Systems Quarterly Data
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C-Comtellite Systems 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

C-Comtellite Systems (OTCPK:CYSNF) 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.

C-Comtellite Systems's Interest Expense for the three months ended in Feb. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was $0.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.00 Mil.

C-Comtellite Systems's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

C-Comtellite Systems had no long-term debt ⁽¹⁾.

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

Good Sign:

C-Com Satellite Systems Inc has no debt.

C-Comtellite Systems (C-Comtellite Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C-Com Satellite Systems Inc (OTCPK:CYSNF) » Definitions » Interest Expense

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CMI:Canada

Address

2574 Sheffield Road, Ottawa, ON, CAN, K1B 3V7

Website

https://www.c-comsat.com

C-Com Satellite Systems Inc. is a Canadian based company. It is engaged in the designing, development, and manufacturing of mobile satellite-based antenna systems. The product portfolio comprises Driveaway antennas, Flyaway antennas, Fixed motorized antennas and others Geographically, the group has a business presence in Canada, Singapore, Europe, Asia, the US and other countries.

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