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Propel Holdings (TSX:PRL) Interest Expense : C$-30.7 Mil (TTM As of Dec. 2023)


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What is Propel Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Propel Holdings's interest expense for the three months ended in Dec. 2023 was C$ -8.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-30.7 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. Propel Holdings's Operating Income for the three months ended in Dec. 2023 was C$ Mil. Propel Holdings's Interest Expense for the three months ended in Dec. 2023 was C$ Mil. 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.


Propel Holdings Interest Expense Historical Data

The historical data trend for Propel Holdings'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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Propel Holdings Interest Expense Chart

Propel Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -4.30 -5.79 -7.37 -13.81 -30.59

Propel Holdings Quarterly Data
Dec18 Dec19 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 Premium Member Only Premium Member Only -5.62 -6.76 -7.03 -8.16 -8.78

Propel Holdings 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$-30.7 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.


Propel Holdings (TSX:PRL) Business Description

Traded in Other Exchanges
Address
69 Yonge Street, Suite 1500, Toronto, ON, CAN, M5E 1K3
Propel Holdings Inc is an innovative financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, industry-leading online lending platform. Propel, through its operating brands, is dedicated to bringing appropriate credit solutions to consumers in Canada and the United States. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora.

Propel Holdings (TSX:PRL) Headlines

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