Braille Energy Systems (TSXV:BES) Interest Expense : C$-0.02 Mil (TTM As of Mar. 2024)

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What is Braille Energy Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Braille Energy Systems's interest expense for the three months ended in Mar. 2024 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.02 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. Braille Energy Systems's Operating Income for the three months ended in Mar. 2024 was C$ -0.35 Mil. Braille Energy Systems's Interest Expense for the three months ended in Mar. 2024 was C$ -0.02 Mil. Braille Energy Systems 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.

Braille Energy Systems Interest Expense Historical Data

The historical data trend for Braille Energy Systems'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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Braille Energy Systems Interest Expense Chart

Braille Energy Systems Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.11

-0.09

-0.03

-0.04

Braille Energy Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.03	0.06	-0.03	-0.02

Braille Energy Systems 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$-0.02 Mil.

Braille Energy Systems (TSXV:BES) 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.

Braille Energy Systems's Interest Expense for the three months ended in Mar. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.33 Mil.

Braille Energy Systems's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Braille Energy Systems did not have earnings to cover the interest expense.

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

Braille Energy Systems (TSXV:BES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Braille Energy Systems Inc (TSXV:BES) » Definitions » Interest Expense

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Address

945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9

Website

https://www.brailleenergysystemsinc.com

Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high-powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.

Executives

Jeffrey York

10% Security Holder, Director

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