TruGolf Holdings (TruGolf Holdings) Interest Expense : $-1.27 Mil (TTM As of Dec. 2023)

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What is TruGolf Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TruGolf Holdings's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.27 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. TruGolf Holdings's Operating Income for the three months ended in Dec. 2023 was $ -0.42 Mil. TruGolf Holdings's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. TruGolf Holdings 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.

TruGolf Holdings Interest Expense Historical Data

The historical data trend for TruGolf Holdings'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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TruGolf Holdings Interest Expense Chart

TruGolf Holdings Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.86

-1.59

TruGolf Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial				-1.05	-0.47	-0.44	-0.36	-

TruGolf Holdings 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 $-1.27 Mil.

TruGolf Holdings (NAS:TRUG) 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.

TruGolf Holdings's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

TruGolf Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

TruGolf Holdings had no long-term debt ⁽¹⁾.

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

TruGolf Holdings (TruGolf Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TruGolf Holdings Inc (NAS:TRUG) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

60 North 1400 West, Centerville, UT, USA, 84014

Website

https://www.trugolf.com

TruGolf Inc is among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, and is in the process of developing a new line of next-generation golf simulator products that aims to revolutionize the virtual golf experience. The primary business of the company is the manufacturing and sale of indoor golf simulator hardware under its TruGolf brand, which includes TruGolf's E6 Connect premier software, as well as selling its E6 Connect software individually.

TruGolf Holdings (TruGolf Holdings) Headlines

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