ATI Airtest Technologies (TSXV:AAT) Interest Expense : C$-0.41 Mil (TTM As of Sep. 2023)

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What is ATI Airtest Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ATI Airtest Technologies's interest expense for the three months ended in Sep. 2023 was C$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.41 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. ATI Airtest Technologies's Operating Income for the three months ended in Sep. 2023 was C$ -0.18 Mil. ATI Airtest Technologies's Interest Expense for the three months ended in Sep. 2023 was C$ -0.03 Mil. ATI Airtest Technologies 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.

ATI Airtest Technologies Interest Expense Historical Data

The historical data trend for ATI Airtest Technologies'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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ATI Airtest Technologies Interest Expense Chart

ATI Airtest Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.46

-0.85

-0.42

-0.46

-0.42

ATI Airtest Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.27	-0.05	-0.06	-0.03

ATI Airtest Technologies 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$-0.41 Mil.

ATI Airtest Technologies (TSXV:AAT) 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.

ATI Airtest Technologies's Interest Expense for the three months ended in Sep. 2023 was C$-0.03 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$1.08 Mil.

ATI Airtest Technologies's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

ATI Airtest Technologies did not have earnings to cover the interest expense.

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

ATI Airtest Technologies (TSXV:AAT) Business Description

Industry

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AATGF:USA

Address

1520 Cliveden Avenue, Unit 9, Delta, BC, CAN, V3M 6J8

Website

https://www.airtesttechnologies.com

ATI Airtest Technologies Inc is engaged in the manufacturing and selling of air testing equipment and related services in Canada and the United States. Its product offering includes WiFi Transmitters, Portables/Data Logging, EnOcean Transmitters, CO2 Demand Controlled Ventilation, Parking Garage Ventilation, Air Velocity, Agriculture, Gases For Health and Safety, Industrial Dew Point, Industrial Humidity and Temp, Moisture In Oil and Calibration. The company generates a majority of its revenue from the United States.

Executives

Theodore Harry Konyi

Director, Senior Officer