HIVE Digital Technologies (HIVE Digital Technologies) Interest Expense : $-3.3 Mil (TTM As of Dec. 2023)

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What is HIVE Digital Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HIVE Digital Technologies's interest expense for the three months ended in Dec. 2023 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.3 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. HIVE Digital Technologies's Operating Income for the three months ended in Dec. 2023 was $ -8.2 Mil. HIVE Digital Technologies's Interest Expense for the three months ended in Dec. 2023 was $ -0.8 Mil. HIVE Digital Technologies 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.

HIVE Digital Technologies Interest Expense Historical Data

The historical data trend for HIVE Digital Technologies'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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HIVE Digital Technologies Interest Expense Chart

HIVE Digital Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.18

-0.42

-1.21

-3.87

-3.71

HIVE Digital Technologies Quarterly Data
	Mar19	Jun19	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															-1.00	-0.77	-0.88	-0.84	-0.84

HIVE Digital Technologies 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 $-3.3 Mil.

HIVE Digital Technologies (NAS:HIVE) 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.

HIVE Digital Technologies's Interest Expense for the three months ended in Dec. 2023 was $-0.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-8.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $19.8 Mil.

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

HIVE Digital Technologies did not have earnings to cover the interest expense.

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

HIVE Digital Technologies (HIVE Digital Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HIVE Digital Technologies Ltd (NAS:HIVE) » Definitions » Interest Expense

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YO0:Germany HIVE:Canada

Address

789 West Pender Street, Suite 855, Vancouver, BC, CAN, V6C 1H2

Website

https://www.hiveblockchain.com

HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.