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Paltalk (Paltalk) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is Paltalk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paltalk's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $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. Paltalk's Operating Income for the three months ended in Mar. 2024 was $ -0.76 Mil. Paltalk's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Paltalk 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.


Paltalk Interest Expense Historical Data

The historical data trend for Paltalk'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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Paltalk Interest Expense Chart

Paltalk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Paltalk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Paltalk 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 $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.


Paltalk  (NAS:PALT) 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.

Paltalk's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Paltalk 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:

Ben Graham prefers companies' interest coverage to be at least 5. Paltalk Inc has enough cash to cover all of its debt. Its financial situation is stable.


Paltalk (Paltalk) Business Description

Traded in Other Exchanges
N/A
Address
30 Jericho Executive Plaza, Suite 400E, Jericho, NY, USA, 11753
Paltalk Inc is a communications software innovator. It operates a network of consumer applications where users can meet, see, chat, broadcast and message in real-time in a secure environment with others in the network. The company's product portfolio includes Paltalk, Camfrog, Tinychat and Vumber. Its consumer applications generate revenue principally from subscription fees and advertising arrangements. The company's major revenue-generating live video chat products are Paltalk and Camfrog.
Executives
Geoffrey Cook director 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
J. Crew Delaware Trust B 10 percent owner J.P. MORGAN TRUST COMPANY OF DELAWARE, 500 STANTON CHRISTIANA ROAD, NEWARK DE 19713
Jason Katz director, officer: CHMN of the Board, PRES & COO C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, NEW YORK NY 10017
Adam Zalko officer: Vice President of Engineering 30 JERICHO EXECUTIVE PLAZA, SUITE 400E, JERICHO NY 11753
Yoram Abada director C/O JENNIFER CONVERTIBLES, 419 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Clifford Lerner director, 10 percent owner, officer: Pres., CEO, CFO, Chairman of, other: the Board of Directors 462 7TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Kara B Jenny officer: Chief Financial Officer C/O PATENT PROPERTIES, INC., TWO HIGH RIDGE PARK, STAMFORD CT 06905
Michael Gwynne Jones director 24460 MALIBU ROAD, MALIBU CA 90265
Lance Laifer director 1 STIRRUP DRIVE, OLD BROOKVILLE NY 11545
John Silberstein director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Michael Levit director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Eric Sackowitz officer: Chief Technology Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Arash Vakil officer: Chief Product Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
J. Crew Delaware Trust A 10 percent owner C/O J.P. MORGAN TRUST CO. OF DE, TRUSTEE, 500 STANTON-CHRISTIANA ROAD, DE3-1600, NEWARK DE 19713
Judy Krandel director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018