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Everyday People Financial (TSXV:EPF) Interest Expense : C$-2.80 Mil (TTM As of Mar. 2024)


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What is Everyday People Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Everyday People Financial's interest expense for the three months ended in Mar. 2024 was C$ -0.67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.80 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. Everyday People Financial's Operating Income for the three months ended in Mar. 2024 was C$ 1.45 Mil. Everyday People Financial's Interest Expense for the three months ended in Mar. 2024 was C$ -0.67 Mil. Everyday People Financial's Interest Coverage for the quarter that ended in Mar. 2024 was 2.16. 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.


Everyday People Financial Interest Expense Historical Data

The historical data trend for Everyday People Financial'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.

* Premium members only.

Everyday People Financial Interest Expense Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
Interest Expense
- -0.53 - -2.44

Everyday People Financial Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.52 -0.67 -0.49 -0.96 -0.67

Everyday People Financial 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$-2.80 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.


Everyday People Financial  (TSXV:EPF) 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.

Everyday People Financial's Interest Expense for the three months ended in Mar. 2024 was C$-0.67 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$1.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$11.64 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1.445/-0.67
=2.16

* 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.


Everyday People Financial (TSXV:EPF) Business Description

Traded in Other Exchanges
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Everyday People Financial Corp is a financial technology and consumer financing company. Through its technology-driven ecosystem, the group's alternative and specialty credit financing programs offer credit and payment cards, homeownership facilitation, consumer lending, and payment management services. The company's mission is to assist its clients in becoming their financial selves and to offer credit products and services that help ordinary people achieve extraordinary results.
Executives
Amy Marie Ter Haar Director

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