SponsorsOne Brands (SponsorsOne Brands) Interest Expense

: $-0.05 Mil (TTM As of Sep. 2022)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SponsorsOne Brands's interest expense for the three months ended in Sep. 2022 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.05 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. SponsorsOne Brands's Operating Income for the three months ended in Sep. 2022 was $ -0.05 Mil. SponsorsOne Brands's Interest Expense for the three months ended in Sep. 2022 was $ -0.01 Mil. SponsorsOne Brands 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.

SponsorsOne Brands Interest Expense Historical Data

The historical data trend for SponsorsOne Brands'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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SponsorsOne Brands Annual Data

Trend

Oct12

Oct13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

-0.02

-0.01

-0.02

SponsorsOne Brands Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense																-	-0.01	-0.01	-0.02	-0.01

SponsorsOne Brands 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

SponsorsOne Brands (OTCPK:SPONF) 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.

SponsorsOne Brands's Interest Expense for the three months ended in Sep. 2022 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

SponsorsOne Brands's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

SponsorsOne Brands did not have earnings to cover the interest expense.

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

SponsorsOne Brands (SponsorsOne Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SponsorsOne Brands Inc (OTCPK:SPONF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Campbell Drive, Suite 307C, Uxbridge, ON, CAN, L9P 1H6

Website

https://www.sponsorsone.com

SponsorsOne Brands Inc engages in brand creation and digital marketing through influencer marketing, storytelling, and digital commerce with the SponsorCoin platform and its scalable - smart contract-based digital currency. SponsorCoin allows brands to build and manage exclusive engaged communities of salespeople and marketers within the social realm. The SponsorCoin platform provides data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements around their products and services.