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Gaxos.AI (Gaxos.AI) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is Gaxos.AI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gaxos.AI's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Gaxos.AI's Operating Income for the three months ended in Mar. 2024 was $ -1.04 Mil. Gaxos.AI's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Gaxos.AI 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.

Gaxos.AI Interest Expense Historical Data

The historical data trend for Gaxos.AI'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.

Gaxos.AI Interest Expense Chart

Gaxos.AI Annual Data
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Gaxos.AI Quarterly Data
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Gaxos.AI 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 Mar. 2024 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.

Gaxos.AI  (NAS:GXAI) 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.

Gaxos.AI's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Gaxos.AI's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Gaxos.AI 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:

Gaxos.AI Inc has no debt.

Gaxos.AI (Gaxos.AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gaxos.AI Inc (NAS:GXAI) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
101 Eisenhower Parkway, Suite 300, Roseland, NJ, USA, 07068
Website
https://www.nftgco.com
Gaxos.AI Inc formerly NFT Gaming Co Inc is developing a digital gaming platform that will offer its proprietary games as well as games developed and published by third parties. It is developing a gaming platform, called Gaxos, founded with a vision to develop, design, acquire, and manage conventional games and to combine these games with unconventional game mechanisms, such as the ability to create and mint unique in-game features, such as skins, characters, weapons, gear, levels, and virtual lands.
Executives
Vadim Mats director, officer: Chief Executive Officer 285 GRAND AVENUE, ENGLEWOOD NJ 07631
Steven A Shorr officer: Chief Financial Officer 33 MAIDEN LANE, 5TH FLOOR, NEW YORK NY 10038
Scott Grayson director 101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Adam Holzer director 101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Alex Kisin director 101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068