Adcore (TSX:ADCO) Interest Expense : C$-0.54 Mil (TTM As of Mar. 2024)

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What is Adcore Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adcore's interest expense for the three months ended in Mar. 2024 was C$ -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.54 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. Adcore's Operating Income for the three months ended in Mar. 2024 was C$ -0.17 Mil. Adcore's Interest Expense for the three months ended in Mar. 2024 was C$ -0.23 Mil. Adcore 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.

Adcore Interest Expense Historical Data

The historical data trend for Adcore'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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Adcore Interest Expense Chart

Adcore Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.11

-0.07

-0.28

-0.41

-0.13

Adcore 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															-0.38	-0.14	-0.17	-	-0.23

Adcore 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 C$-0.54 Mil.

Adcore (TSX:ADCO) 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.

Adcore's Interest Expense for the three months ended in Mar. 2024 was C$-0.23 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Adcore did not have earnings to cover the interest expense.

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

Adcore (TSX:ADCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adcore Inc (TSX:ADCO) » Definitions » Interest Expense

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ADCOF:USA ADQ:Germany

Address

105 Allenby Street, Yafo, Tel Aviv, ISR, 6513444

Website

https://www.adcore.com

Adcore Inc is a provider of machine-learning powered advertising technologies used by digital advertisers to enhance and maximize their Search Engine Marketing (SEM). It offers various products and services such as SEMDoc, Feeditor, and ADCORE Views. The company serves retail; travel; financial; food; education and other industries. It provides a solution to small and large agencies and direct advertisers. The Company and its subsidiaries are engaged in the following segments: AdTech which is an e-commerce advertising management and automation platform. EdTech which is a marketplace for live classes, connecting and enriching humanity through knowledge.

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