Guardforce AI Co (Guardforce AI Co) Interest Expense : $-0.65 Mil (TTM As of Dec. 2023)

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What is Guardforce AI Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guardforce AI Co's interest expense for the six months ended in Dec. 2023 was $ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.65 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. Guardforce AI Co's Operating Income for the six months ended in Dec. 2023 was $ -10.49 Mil. Guardforce AI Co's Interest Expense for the six months ended in Dec. 2023 was $ -0.07 Mil. Guardforce AI Co 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.

Guardforce AI Co Interest Expense Historical Data

The historical data trend for Guardforce AI Co'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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Guardforce AI Co Interest Expense Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.89

-0.90

-0.99

-1.14

-0.65

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.54	-0.41	-0.73	-0.59	-0.07

Guardforce AI Co 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 semi-annually data reported by the company within the most recent 12 months, which was $-0.65 Mil.

Guardforce AI Co (NAS:GFAI) 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.

Guardforce AI Co's Interest Expense for the six months ended in Dec. 2023 was $-0.07 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-10.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $1.72 Mil.

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

Guardforce AI Co did not have earnings to cover the interest expense.

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

Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.