D2L (DTLIF) Interest Expense : $-0.7 Mil (TTM As of Oct. 2024)

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What is D2L Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. D2L's interest expense for the three months ended in Oct. 2024 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was $-0.7 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. D2L's Operating Income for the three months ended in Oct. 2024 was $ 4.8 Mil. D2L's Interest Expense for the three months ended in Oct. 2024 was $ -0.2 Mil. D2L's Interest Coverage for the quarter that ended in Oct. 2024 was 20.31. 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.

D2L Interest Expense Historical Data

The historical data trend for D2L'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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D2L Interest Expense Chart

D2L Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-0.25

-0.23

-0.30

-0.72

-0.62

D2L Quarterly Data
	Jan19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.16	-0.16	-0.15	-0.24

D2L 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.7 Mil.

D2L (OTCPK:DTLIF) 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.

D2L's Interest Expense for the three months ended in Oct. 2024 was $-0.2 Mil. Its Operating Income for the three months ended in Oct. 2024 was $4.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was $10.7 Mil.

D2L's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2024 )	/	Interest Expense (Q: Oct. 2024 )
	=	-1	*	4.792	/	-0.236
	=	20.31

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

D2L Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » D2L Inc (OTCPK:DTLIF) » Definitions » Interest Expense

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DTOL:Canada

Address

137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8

Website

https://www.d2l.com

D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave.