CryptoStar (TSXV:CSTR) Interest Expense : C$-0.47 Mil (TTM As of Dec. 2023)

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What is CryptoStar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CryptoStar's interest expense for the three months ended in Dec. 2023 was C$ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.47 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. CryptoStar's Operating Income for the three months ended in Dec. 2023 was C$ -0.92 Mil. CryptoStar's Interest Expense for the three months ended in Dec. 2023 was C$ -0.15 Mil. CryptoStar 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.

CryptoStar Interest Expense Historical Data

The historical data trend for CryptoStar'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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CryptoStar Interest Expense Chart

CryptoStar Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.30

-0.32

-0.44

-0.63

CryptoStar Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.17	-0.10	-0.18	-0.15	-0.15

CryptoStar 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.47 Mil.

CryptoStar (TSXV:CSTR) 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.

CryptoStar's Interest Expense for the three months ended in Dec. 2023 was C$-0.15 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$3.63 Mil.

CryptoStar's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

CryptoStar did not have earnings to cover the interest expense.

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

CryptoStar (TSXV:CSTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CryptoStar Corp (TSXV:CSTR) » Definitions » Interest Expense

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CSTXF:USA

Address

181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3

Website

https://www.cryptostar.com

CryptoStar Corp is a cryptocurrency mining company with data centres around the globe. The Company has two reportable segments based on geographical locations: Canada and the USA, and three reportable segments based on operations: self-mining, hosting and miner sales, along with a Head Office segment. The company derives its income from digital currency received for providing mining services to a digital currency blockchain. It generates a majority of its revenue from the United States.

Executives

Adam Kline

Director