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GIPIF (Green Impact Partners) Interest Expense : $-1.8 Mil (TTM As of Sep. 2024)


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What is Green Impact Partners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Green Impact Partners's interest expense for the three months ended in Sep. 2024 was $ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.8 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. Green Impact Partners's Operating Income for the three months ended in Sep. 2024 was $ -1.5 Mil. Green Impact Partners's Interest Expense for the three months ended in Sep. 2024 was $ -0.4 Mil. Green Impact Partners 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.


Green Impact Partners Interest Expense Historical Data

The historical data trend for Green Impact Partners'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.

* Premium members only.

Green Impact Partners Interest Expense Chart

Green Impact Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-1.28 -0.55 -0.67 -1.53

Green Impact Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.44 -0.18 -0.51 -0.67 -0.44

Green Impact Partners 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.8 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.


Green Impact Partners  (OTCPK:GIPIF) 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.

Green Impact Partners's Interest Expense for the three months ended in Sep. 2024 was $-0.4 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.3 Mil.

Green Impact Partners's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Green Impact Partners 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.


Green Impact Partners Business Description

Traded in Other Exchanges
Address
2207 - 4th Street S.W., Suite 400, Calgary, AB, CAN, T2S 1X1
Green Impact Partners Inc is a clean energy company with an operating portfolio of water and solids treatment and recycling facilities in North America. The company also has a portfolio of renewable natural gas and clean energy development projects. Its services include water and solids recycling management, disposal services, and energy product optimization services. Its operating segments are Water & Solids Recycling & Energy Product Optimization and Clean Energy Production. Its core focus is that GIP has an infrastructure network located throughout western Canada and the United States that includes wastewater, hydrocarbon processing, disposal facilities, industrial landfill, recycling facilities, oil and water gathering pipelines, and oil terminals.