LIFD (LFTD Partners) Interest Expense : $-0.31 Mil (TTM As of Sep. 2024)

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What is LFTD Partners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LFTD Partners's interest expense for the three months ended in Sep. 2024 was $ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.31 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. LFTD Partners's Operating Income for the three months ended in Sep. 2024 was $ 0.85 Mil. LFTD Partners's Interest Expense for the three months ended in Sep. 2024 was $ -0.09 Mil. LFTD Partners's Interest Coverage for the quarter that ended in Sep. 2024 was 9.70. 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.

LFTD Partners Interest Expense Historical Data

The historical data trend for LFTD 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.

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LFTD Partners Interest Expense Chart

LFTD Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.03

-0.07

-0.14

-0.12

-0.11

LFTD Partners Quarterly Data
	Dec19	Mar20	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															-0.02	-0.04	-0.09	-0.09	-0.09

LFTD 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 $-0.31 Mil.

LFTD Partners (OTCPK:LIFD) 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.

LFTD Partners's Interest Expense for the three months ended in Sep. 2024 was $-0.09 Mil. Its Operating Income for the three months ended in Sep. 2024 was $0.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $3.93 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	0.854	/	-0.088
	=	9.70

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

LFTD Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » LFTD Partners Inc (OTCPK:LIFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

14155 Pine Island Drive, Jacksonville, FL, USA, 32224

Website

https://www.lftdpartners.com

LFTD Partners Inc along with its subsidiaries manufactures and sells hemp-derived and other psychoactive products under the Urb Finest Flowers brand. Its products include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients such as kanna, muscimol, ashwagandha, and kava.

Executives

Gerard M. Jacobs	director, 10 percent owner, officer: CEO	31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Joshua A Bloom	director	31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Richard Emmet Morrissy	director	31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Warrender Robert Thomas Ii	director	PO BOX 4233, ANTIOCH IL 600002
Kevin J. Rocio	director	31 N SUFFOLK LANE, LAKE FOREST IL 60045
Nicholas S. Warrender	director	31 N SUFFOLK LANE, LAKE FOREST IL 60045
William C. Jacobs	officer: CFO	301 MISSION DRIVE #383, NEW SMYRNA BEACH FL 32168
Thomas W. Hines	director	748 FLINT TRAIL, CRYSTAL LAKE IL 60012
James Stephen Jacobs	director	31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Roger S Greene	director	3330 CAMINITO DANIELLA, DEL MAR CA 92014
Michael D Mccaffrey	director	31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Vincent J Mesolella	director	300 N MANNHEIM ROAD, HILLSIDE IL 60162