Pineapple Financial (Pineapple Financial) Interest Expense : $-0.07 Mil (TTM As of Feb. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Pineapple Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pineapple Financial's interest expense for the three months ended in Feb. 2024 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.07 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. Pineapple Financial's Operating Income for the three months ended in Feb. 2024 was $ -0.63 Mil. Pineapple Financial's Interest Expense for the three months ended in Feb. 2024 was $ -0.03 Mil. Pineapple Financial 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.

Pineapple Financial Interest Expense Historical Data

The historical data trend for Pineapple Financial'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.

Pineapple Financial Interest Expense Chart

Pineapple Financial Annual Data

Trend

Aug21

Aug22

Aug23

Interest Expense

-0.03

-0.09

-0.06

Pineapple Financial Quarterly Data
	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial					-0.02	-0.02	-	-0.02	-0.03

Pineapple Financial 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Pineapple Financial (AMEX:PAPL) 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.

Pineapple Financial's Interest Expense for the three months ended in Feb. 2024 was $-0.03 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.90 Mil.

Pineapple Financial's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Pineapple Financial did not have earnings to cover the interest expense.

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

Pineapple Financial (Pineapple Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pineapple Financial Inc (AMEX:PAPL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1

Website

https://www.gopineapple.com

Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.