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Tribe Property Technologies (TSXV:TRBE) Interest Expense : C$-0.62 Mil (TTM As of Dec. 2023)


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What is Tribe Property Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tribe Property Technologies's interest expense for the three months ended in Dec. 2023 was C$ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.62 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. Tribe Property Technologies's Operating Income for the three months ended in Dec. 2023 was C$ -1.77 Mil. Tribe Property Technologies's Interest Expense for the three months ended in Dec. 2023 was C$ -0.19 Mil. Tribe Property 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.


Tribe Property Technologies Interest Expense Historical Data

The historical data trend for Tribe Property 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.

* Premium members only.

Tribe Property Technologies Interest Expense Chart

Tribe Property Technologies Annual Data
Trend Apr20 Dec21 Dec22 Dec23
Interest Expense
-0.12 -0.80 -0.71 -0.62

Tribe Property Technologies Quarterly Data
Jan20 Apr20 Sep20 Jan21 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 -0.17 -0.15 -0.14 -0.15 -0.19

Tribe Property 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$-0.62 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.


Tribe Property Technologies  (TSXV:TRBE) 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.

Tribe Property Technologies's Interest Expense for the three months ended in Dec. 2023 was C$-0.19 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-1.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$3.74 Mil.

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

Tribe Property 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.


Tribe Property Technologies (TSXV:TRBE) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1606, Vancouver, BC, CAN, V6E 3Z3
Tribe Property Technologies Inc is a property technology company engaged in offering technology-enabled property management services to meet the needs of developers, condominium and residential communities, owners and residents. As a tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of stakeholders than traditional service providers. The company's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform.
Executives
Joseph Nakhla 10% Security Holder, Director, Senior Officer

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