Issuer Direct (Issuer Direct) Interest Expense : $-1.15 Mil (TTM As of Mar. 2024)

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What is Issuer Direct Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Issuer Direct's interest expense for the three months ended in Mar. 2024 was $ -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.15 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. Issuer Direct's Operating Income for the three months ended in Mar. 2024 was $ -0.05 Mil. Issuer Direct's Interest Expense for the three months ended in Mar. 2024 was $ -0.28 Mil. Issuer Direct 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.

Issuer Direct Interest Expense Historical Data

The historical data trend for Issuer Direct'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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Issuer Direct Interest Expense Chart

Issuer Direct Annual Data

Trend

Dec14

Dec15

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Dec23

Interest Expense

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-0.01

-1.12

Issuer Direct 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															-0.24	-0.28	-0.30	-0.30	-0.28

Issuer Direct 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 $-1.15 Mil.

Issuer Direct (AMEX:ISDR) 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.

Issuer Direct's Interest Expense for the three months ended in Mar. 2024 was $-0.28 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $15.84 Mil.

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

Issuer Direct did not have earnings to cover the interest expense.

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

Issuer Direct (Issuer Direct) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Issuer Direct Corp (AMEX:ISDR) » Definitions » Interest Expense

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IDE:Germany

Address

One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603

Website

https://www.issuerdirect.com

Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.

Executives

Brian R Balbirnie	director, 10 percent owner, officer: Chairman & CEO	C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher	director	11 S. 12TH STREET, RICHMOND VA 23219
William H Everett	director	6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr	officer: Chief Financial Officer	500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak	officer: Chief Financial Officer	8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear	director	1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein	director	221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank	director	23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan	director	336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc	10 percent owner	95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard	officer: Chief Financial Officer	10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael	10 percent owner	5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg	director	40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert	director	46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones	officer: Chief Executive Officer	8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217