Interfield Global Software (NEOE:IFSS) Interest Expense : C$-2.86 Mil (TTM As of Sep. 2023)

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What is Interfield Global Software Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Interfield Global Software's interest expense for the three months ended in Sep. 2023 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-2.86 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. Interfield Global Software's Operating Income for the three months ended in Sep. 2023 was C$ -0.67 Mil. Interfield Global Software's Interest Expense for the three months ended in Sep. 2023 was C$ -0.01 Mil. Interfield Global Software 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.

Interfield Global Software Interest Expense Historical Data

The historical data trend for Interfield Global Software'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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Interfield Global Software Interest Expense Chart

Interfield Global Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-0.01

Interfield Global Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial						-	-0.01	-2.84	-0.01	-0.01

Interfield Global Software 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.86 Mil.

Interfield Global Software (NEOE:IFSS) 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.

Interfield Global Software's Interest Expense for the three months ended in Sep. 2023 was C$-0.01 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.09 Mil.

Interfield Global Software's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interfield Global Software did not have earnings to cover the interest expense.

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

Interfield Global Software (NEOE:IFSS) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE

Website

https://www.interfieldsolutions.com

Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

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