Hero Innovation Group (XCNQ:HRO) Interest Expense : C$-0.74 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Hero Innovation Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hero Innovation Group's interest expense for the three months ended in Dec. 2023 was C$ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.74 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. Hero Innovation Group's Operating Income for the three months ended in Dec. 2023 was C$ -0.15 Mil. Hero Innovation Group's Interest Expense for the three months ended in Dec. 2023 was C$ -0.13 Mil. Hero Innovation Group 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.

Hero Innovation Group Interest Expense Historical Data

The historical data trend for Hero Innovation Group'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.

* Premium members only.

Hero Innovation Group Interest Expense Chart

Hero Innovation Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

-0.07

-0.68

Hero Innovation Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial													-	-0.09	-0.11	-0.43	-0.13

Hero Innovation Group 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$-0.74 Mil.

Hero Innovation Group (XCNQ:HRO) 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.

Hero Innovation Group's Interest Expense for the three months ended in Dec. 2023 was C$-0.13 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

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

Hero Innovation Group did not have earnings to cover the interest expense.

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

Hero Innovation Group (XCNQ:HRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hero Innovation Group Inc (XCNQ:HRO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.heroinnovationgroup.com

Hero Innovation Group Inc is a financial technology company. The company delivers innovative financial solutions for the next generation of consumers whose parents demand safety, security, and peace of mind while promoting financial literacy for the future. The company's products include Hero financials and SideKick Card.

Hero Innovation Group (XCNQ:HRO) Headlines

No Headlines