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BuildDirect.com Technologies (TSXV:BILD) Interest Expense : C$-2.72 Mil (TTM As of Dec. 2023)


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What is BuildDirect.com Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BuildDirect.com Technologies's interest expense for the three months ended in Dec. 2023 was C$ -0.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.72 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. BuildDirect.com Technologies's Operating Income for the three months ended in Dec. 2023 was C$ -1.01 Mil. BuildDirect.com Technologies's Interest Expense for the three months ended in Dec. 2023 was C$ -0.47 Mil. BuildDirect.com 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.


BuildDirect.com Technologies Interest Expense Historical Data

The historical data trend for BuildDirect.com 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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BuildDirect.com Technologies Interest Expense Chart

BuildDirect.com Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-1.24 -3.06 -2.85 -2.70

BuildDirect.com Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.81 -0.72 -0.69 -0.84 -0.47

BuildDirect.com 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 C$-2.72 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.


BuildDirect.com Technologies  (TSXV:BILD) 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.

BuildDirect.com Technologies's Interest Expense for the three months ended in Dec. 2023 was C$-0.47 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-1.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$12.50 Mil.

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

BuildDirect.com Technologies did not have earnings to cover the interest expense.

* 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.


BuildDirect.com Technologies (TSXV:BILD) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4
BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.
Executives
Milan Roy Director

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