GURUFOCUS.COM » STOCK LIST » Technology » Software » Perk Labs Inc (OTCPK:PKLBF) » Definitions » Interest Expense

Perk Labs (Perk Labs) Interest Expense : $-0.04 Mil (TTM As of Aug. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Perk Labs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Perk Labs's interest expense for the three months ended in Aug. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was $-0.04 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. Perk Labs's Operating Income for the three months ended in Aug. 2023 was $ -0.44 Mil. Perk Labs's Interest Expense for the three months ended in Aug. 2023 was $ 0.00 Mil. GuruFocus does not calculate Perk Labs's interest coverage with the available data. 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.


Perk Labs Interest Expense Historical Data

The historical data trend for Perk Labs'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.

Perk Labs Interest Expense Chart

Perk Labs Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Interest Expense
Get a 7-Day Free Trial -0.04 -0.01 -0.03 -0.04 -0.06

Perk Labs Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 Premium Member Only Premium Member Only - -0.02 - -0.01 -

Perk Labs 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 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.


Perk Labs  (OTCPK:PKLBF) 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.

Perk Labs's Interest Expense for the three months ended in Aug. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Aug. 2023 was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2023 was $0.13 Mil.

Perk Labs's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

GuruFocus does not calculate Perk Labs's interest coverage with the available data.

* 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.


Perk Labs (Perk Labs) Business Description

Traded in Other Exchanges
Address
555 Burrard Street, Suite 1755, Two Bentall Centre - Box 240, Vancouver, BC, CAN, V7X 1M9
Perk Labs Inc is engaged in operating an online ordering, payments and loyalty platform. The company mainly offers merchants three products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. The Company launched its Glance Pay application in 2016 and officially launched Perk Hero on April 2020. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. The streams of revenue of the company are Licensing revenue, Transaction revenue, Product revenue Subscription revenue and Custom-branded app revenue.

Perk Labs (Perk Labs) Headlines