Jolt Health (XCNQ:JOLT) Interest Expense : C$-0.01 Mil (TTM As of Mar. 2024)

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What is Jolt Health Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jolt Health'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$-0.01 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. Jolt Health's Operating Income for the three months ended in Mar. 2024 was C$ -0.22 Mil. Jolt Health's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Jolt Health 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.

Jolt Health Interest Expense Historical Data

The historical data trend for Jolt Health'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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Jolt Health Interest Expense Chart

Jolt Health Annual Data

Trend

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Interest Expense

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-0.01

-0.02

Jolt Health 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															-0.01	-0.01	-	-	-

Jolt Health 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$-0.01 Mil.

Jolt Health (XCNQ:JOLT) 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.

Jolt Health's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Jolt Health had no long-term debt ⁽¹⁾.

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

Jolt Health (XCNQ:JOLT) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jolt Health Inc (XCNQ:JOLT) » Definitions » Interest Expense

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IY7:Germany

Address

355 Burrard Street, Suite 1780, Marine Building, Vancouver, BC, CAN, V6C 2G8

Website

https://www.love-pharma.com

Jolt Health Inc, formerly Love Pharma Inc is a licensee of certain technologies relating to certain controlled substances and pharmaceutical-grade therapeutics. The company is investigating business opportunities in other industries however has not reached a definitive decision to pursue alternative lines of business.

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