Axe2 Acquisitions (TSXV:AXET.P) Interest Expense : C$-0.00 Mil (TTM As of Mar. 2024)

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What is Axe2 Acquisitions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Axe2 Acquisitions's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-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. Axe2 Acquisitions's Operating Income for the three months ended in Mar. 2024 was C$ -0.06 Mil. Axe2 Acquisitions's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Axe2 Acquisitions 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.

Axe2 Acquisitions Interest Expense Historical Data

The historical data trend for Axe2 Acquisitions'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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Axe2 Acquisitions Interest Expense Chart

Axe2 Acquisitions Annual Data

Trend

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Interest Expense

Axe2 Acquisitions Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Axe2 Acquisitions 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 C$-0.00 Mil.

Axe2 Acquisitions (TSXV:AXET.P) 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.

Axe2 Acquisitions's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Axe2 Acquisitions's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Axe2 Acquisitions had no long-term debt ⁽¹⁾.

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

Axe2 Acquisitions (TSXV:AXET.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Axe2 Acquisitions Inc (TSXV:AXET.P) » Definitions » Interest Expense

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Address

25 King Street West, 29th Floor, Toronto, ON, CAN, M5L1G3

Website

Axe2 Acquisitions Inc is a capital pool company.

Axe2 Acquisitions (TSXV:AXET.P) Headlines

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