TOWTF (Tower One Wireless) Interest Expense: $-2.00 Mil (TTM As of Sep. 2022)


What is Tower One Wireless Interest Expense?

Tower One Wireless TOWTF -99.98% Interest Expense is $-2.00 Mil as of Sep. 2022.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tower One Wireless's interest expense for the three months ended in Sep. 2022 was $ -0.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.00 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. Tower One Wireless's Operating Income for the three months ended in Sep. 2022 was $ 2.54 Mil. Tower One Wireless's Interest Expense for the three months ended in Sep. 2022 was $ -0.63 Mil. Tower One Wireless's Interest Coverage for the quarter that ended in Sep. 2022 was 4.06. 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.

Tower One Wireless  (OTCPK:TOWTF) 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.

Tower One Wireless's Interest Expense for the three months ended in Sep. 2022 was $-0.63 Mil. Its Operating Income for the three months ended in Sep. 2022 was $2.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $11.97 Mil.

Tower One Wireless's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2022 )/Interest Expense (Q: Sep. 2022 )
=-1*2.544/-0.627
=4.06

* 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.

Tower One Wireless Interest Expense Historical Data

* Premium members only.

The historical data trend for Tower One Wireless'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.

Tower One Wireless Interest Expense Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.57 -1.45 -0.94 -1.66

Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.21 -0.77 -0.26 -0.34 -0.63

Tower One Wireless 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.00 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 $-2.00 Mil mean?
Tower One Wireless (TOWTF) has a Interest Expense of $-2.00 Mil as of Sep. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Tower One Wireless and its competitors.
Is Tower One Wireless' Interest Expense too high?
Tower One Wireless' current Interest Expense is $-2.00 Mil.
How does Tower One Wireless' Interest Expense compare to VZ and CMCSA?
Tower One Wireless' Interest Expense of $-2.00 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Interest Expense depends on the Telecommunication Services 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 Tower One Wireless and its competitors. Tower One Wireless's current Interest Expense is $-2.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower One Wireless stock overvalued right now?
Tower One Wireless (TOWTF) has a current Interest Expense of $-2.00 Mil. The current Interest Expense is $-2.00 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 Tower One Wireless (TOWTF), the current Interest Expense is $-2.00 Mil as of Sep. 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.

Tower One Wireless Business Description

Address 535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company that is a tower owner, operator, and developer of multitenant communications structures. Its primary business is leasing space on communication sites to mobile network operators. The company's geographical segments include Argentina, Colombia, Mexico, the United States of America, and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which supports the company's site leasing business, including the addition of new tenants and equipment on its sites.