FLES (Auto Parts 4Less Group) Interest Expense: $-8.93 Mil (TTM As of Oct. 2023)


FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Interest Expense?

Auto Parts 4Less Group FLES 12 Interest Expense is $-8.93 Mil as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Auto Parts 4Less Group's interest expense for the three months ended in Oct. 2023 was $ -1.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-8.93 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. Auto Parts 4Less Group's Operating Income for the three months ended in Oct. 2023 was $ -0.25 Mil. Auto Parts 4Less Group's Interest Expense for the three months ended in Oct. 2023 was $ -1.07 Mil. Auto Parts 4Less Group 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.

Auto Parts 4Less Group  (OTCPK:FLES) 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.

Auto Parts 4Less Group's Interest Expense for the three months ended in Oct. 2023 was $-1.07 Mil. Its Operating Income for the three months ended in Oct. 2023 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $0.11 Mil.

Auto Parts 4Less Group's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Auto Parts 4Less Group 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.

Auto Parts 4Less Group Interest Expense Historical Data

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The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group Interest Expense Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -1.93 -0.90 -2.28 -11.78

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only -3.12 -4.96 -1.40 -1.50 -1.07
FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.93 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 $-8.93 Mil mean?
Auto Parts 4Less Group (FLES) has a Interest Expense of $-8.93 Mil as of Oct. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Interest Expense too high?
Auto Parts 4Less Group's current Interest Expense is $-8.93 Mil. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Interest Expense compare to REII and MBLY?
Auto Parts 4Less Group's Interest Expense of $-8.93 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts 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 Auto Parts 4Less Group and its competitors. Auto Parts 4Less Group's current Interest Expense is $-8.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Interest Expense of $-8.93 Mil. The current Interest Expense is $-8.93 Mil. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current Interest Expense is $-8.93 Mil as of Oct. 2023. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
12GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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