LSDIF (Lucy Scientific Discovery) Interest Expense: $-1.46 Mil (TTM As of Dec. 2023)


What is Lucy Scientific Discovery Interest Expense?

Lucy Scientific Discovery LSDIF Interest Expense is $-1.46 Mil as of Dec. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lucy Scientific Discovery's interest expense for the three months ended in Dec. 2023 was $ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.46 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. Lucy Scientific Discovery's Operating Income for the three months ended in Dec. 2023 was $ -0.86 Mil. Lucy Scientific Discovery's Interest Expense for the three months ended in Dec. 2023 was $ -0.13 Mil. Lucy Scientific Discovery 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.

Lucy Scientific Discovery  (OTCPK:LSDIF) 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.

Lucy Scientific Discovery's Interest Expense for the three months ended in Dec. 2023 was $-0.13 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.72 Mil.

Lucy Scientific Discovery's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Lucy Scientific Discovery 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.

Lucy Scientific Discovery Interest Expense Historical Data

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The historical data trend for Lucy Scientific Discovery'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.

Lucy Scientific Discovery Interest Expense Chart

Lucy Scientific Discovery Annual Data
Trend Jun21 Jun22 Jun23
Interest Expense
-2.36 -2.07 -1.97

Lucy Scientific Discovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.49 -0.54 -0.40 -0.39 -0.13

Lucy Scientific Discovery 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.46 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 $-1.46 Mil mean?
Lucy Scientific Discovery (LSDIF) has a Interest Expense of $-1.46 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lucy Scientific Discovery and its competitors.
Is Lucy Scientific Discovery's Interest Expense too high?
Lucy Scientific Discovery's current Interest Expense is $-1.46 Mil.
How does Lucy Scientific Discovery's Interest Expense compare to INQD and ZTS?
Lucy Scientific Discovery's Interest Expense of $-1.46 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Interest Expense depends on the Drug Manufacturers 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 Lucy Scientific Discovery and its competitors. Lucy Scientific Discovery's current Interest Expense is $-1.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucy Scientific Discovery stock overvalued right now?
Lucy Scientific Discovery (LSDIF) has a current Interest Expense of $-1.46 Mil. The current Interest Expense is $-1.46 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 Lucy Scientific Discovery (LSDIF), the current Interest Expense is $-1.46 Mil as of Dec. 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.

Lucy Scientific Discovery Business Description

Address 301-1321 Blanshard Street, Victoria, BC, CAN, V8W 0B6
Lucy Scientific Discovery Inc is an early-stage psychotropics contract manufacturing company focused on becoming the contract research, development, and manufacturing organization for the emerging psychotropics-based medicines industry. Its drug products are designed to treat a range of mental health and cognitive conditions.