KIARF (Kiaro Holdings) Interest Expense: $-1.22 Mil (TTM As of Oct. 2022)


What is Kiaro Holdings Interest Expense?

Kiaro Holdings KIARF Interest Expense is $-1.22 Mil as of Oct. 2022.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kiaro Holdings's interest expense for the three months ended in Oct. 2022 was $ -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2022 was $-1.22 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. Kiaro Holdings's Operating Income for the three months ended in Oct. 2022 was $ -2.25 Mil. Kiaro Holdings's Interest Expense for the three months ended in Oct. 2022 was $ -0.27 Mil. Kiaro Holdings 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.

Kiaro Holdings  (OTCPK:KIARF) 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.

Kiaro Holdings's Interest Expense for the three months ended in Oct. 2022 was $-0.27 Mil. Its Operating Income for the three months ended in Oct. 2022 was $-2.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2022 was $5.17 Mil.

Kiaro Holdings's Interest Coverage for the quarter that ended in Oct. 2022 is calculated as

Kiaro Holdings 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.

Kiaro Holdings Interest Expense Historical Data

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The historical data trend for Kiaro 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.

Kiaro Holdings Interest Expense Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Interest Expense
-1.26 -0.73

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.32 -0.33 -0.30 -0.27

Kiaro 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 Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.22 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 $-1.22 Mil mean?
Kiaro Holdings (KIARF) has a Interest Expense of $-1.22 Mil as of Oct. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Interest Expense too high?
Kiaro Holdings' current Interest Expense is $-1.22 Mil.
How does Kiaro Holdings' Interest Expense compare to WBA?
Kiaro Holdings' Interest Expense of $-1.22 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services 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 Kiaro Holdings and its competitors. Kiaro Holdings's current Interest Expense is $-1.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Interest Expense of $-1.22 Mil. The current Interest Expense is $-1.22 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 Kiaro Holdings (KIARF), the current Interest Expense is $-1.22 Mil as of Oct. 2022. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.