SIMPQ (Simply) Interest Expense: $-2.71 Mil (TTM As of Jan. 2022)


SIMPQ Simply Inc SIMPQ
16 GF Score
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What is Simply Interest Expense?

Simply SIMPQ 16 Interest Expense is $-2.71 Mil as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simply's interest expense for the three months ended in Jan. 2022 was $ -1.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2022 was $-2.71 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. Simply's Operating Income for the three months ended in Jan. 2022 was $ -4.89 Mil. Simply's Interest Expense for the three months ended in Jan. 2022 was $ -1.71 Mil. Simply 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.

Simply  (OTCPK:SIMPQ) 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.

Simply's Interest Expense for the three months ended in Jan. 2022 was $-1.71 Mil. Its Operating Income for the three months ended in Jan. 2022 was $-4.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2022 was $14.83 Mil.

Simply's Interest Coverage for the quarter that ended in Jan. 2022 is calculated as

Simply 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.

Simply Interest Expense Historical Data

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The historical data trend for Simply'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.

Simply Interest Expense Chart

Simply Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan21 Jan22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.01 -1.23 -4.88 -1.05 -2.71

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 -0.05 -0.04 -0.14 -0.82 -1.71
SIMPQ
16GF Score
Simply Inc SIMPQ
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Simply 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 Jan. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.71 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 $-2.71 Mil mean?
Simply (SIMPQ) has a Interest Expense of $-2.71 Mil as of Jan. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Simply and its competitors.
Is Simply's Interest Expense too high?
Simply's current Interest Expense is $-2.71 Mil. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Simply's Interest Expense compare to HGGGQ and ORLY?
Simply's Interest Expense of $-2.71 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Interest Expense depends on the Retail - Cyclical 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 Simply and its competitors. Simply's current Interest Expense is $-2.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply stock overvalued right now?
Simply (SIMPQ) has a current Interest Expense of $-2.71 Mil. The current Interest Expense is $-2.71 Mil. Simply's overall GF Score™ is 16/100. 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 Simply (SIMPQ), the current Interest Expense is $-2.71 Mil as of Jan. 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.

Simply Business Description

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
16GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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