Fact (FCTI) Interest Expense: $-0.56 Mil (TTM As of Oct. 2021)


What is Fact Interest Expense?

Fact FCTI -99.50% Interest Expense is $-0.56 Mil as of Oct. 2021.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fact's interest expense for the three months ended in Oct. 2021 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2021 was $-0.56 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. Fact's Operating Income for the three months ended in Oct. 2021 was $ -0.28 Mil. Fact's Interest Expense for the three months ended in Oct. 2021 was $ -0.04 Mil. Fact 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.

Fact  (OTCPK:FCTI) 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.

Fact's Interest Expense for the three months ended in Oct. 2021 was $-0.04 Mil. Its Operating Income for the three months ended in Oct. 2021 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2021 was $0.00 Mil.

Fact's Interest Coverage for the quarter that ended in Oct. 2021 is calculated as

Fact 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.

Fact Interest Expense Historical Data

* Premium members only.

The historical data trend for Fact'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.

Fact Interest Expense Chart

Fact Annual Data
Trend Jan18 Jan19 Jan20 Jan21
Interest Expense
0.00 0.00 0.00 -0.13

Fact Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 0.00 -0.13 -0.18 -0.21 -0.04

Fact 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.56 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.56 Mil mean?
Fact (FCTI) has a Interest Expense of $-0.56 Mil as of Oct. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Fact and its competitors.
Is Fact's Interest Expense too high?
Fact's current Interest Expense is $-0.56 Mil.
How does Fact's Interest Expense compare to DIGAF and NDVN?
Fact's Interest Expense of $-0.56 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Fact and its competitors. Fact's current Interest Expense is $-0.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fact stock overvalued right now?
Fact (FCTI) has a current Interest Expense of $-0.56 Mil. The current Interest Expense is $-0.56 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Fact (FCTI), the current Interest Expense is $-0.56 Mil as of Oct. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fact Business Description

Address 2 Toronto street, Suite 231, Toronto, ON, CAN, M5C 2B5
Fact Inc is a forensic technology company. The company uses forensic technology to validate the authenticity of artworks and paintings. The technology helps to verify whether art is an original or a forgery.