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Neptune Digital Assets (TSXV:NDA) Interest Expense : C$0.00 Mil (TTM As of Feb. 2024)


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What is Neptune Digital Assets Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neptune Digital Assets's interest expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. Neptune Digital Assets's Operating Income for the three months ended in Feb. 2024 was C$ -0.19 Mil. Neptune Digital Assets's Interest Expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Neptune Digital Assets 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.


Neptune Digital Assets Interest Expense Historical Data

The historical data trend for Neptune Digital Assets'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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Neptune Digital Assets Interest Expense Chart

Neptune Digital Assets Annual Data
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Neptune Digital Assets Quarterly Data
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Neptune Digital Assets 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* 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.


Neptune Digital Assets  (TSXV:NDA) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Neptune Digital Assets's Interest Expense for the three months ended in Feb. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

Neptune Digital Assets's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Neptune Digital Assets had no long-term debt (1).

* 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.

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

Good Sign:

Neptune Digital Assets Corp has no debt.


Neptune Digital Assets (TSXV:NDA) Business Description

Traded in Other Exchanges
Address
1133 Melville Street, The Stack, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Neptune Digital Assets Corp is engaged in the business that building, owning, and operating digital currency infrastructure assets. Its core assets are Bitcoin mining equipment and Digital currencies and its primary business model is to generate Bitcoin. Its ancillary activities include staking and lending various digital currencies to earn interest and staking rewards. It operates in Canada and the United States.
Executives
Neptune Digital Assets Corp. Issuer

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