Dominion Lending Centres (TSX:DLCG) Interest Expense : C$-9.34 Mil (TTM As of Sep. 2024)

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What is Dominion Lending Centres Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dominion Lending Centres's interest expense for the three months ended in Sep. 2024 was C$ -2.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-9.34 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. Dominion Lending Centres's Operating Income for the three months ended in Sep. 2024 was C$ 10.22 Mil. Dominion Lending Centres's Interest Expense for the three months ended in Sep. 2024 was C$ -2.61 Mil. Dominion Lending Centres's Interest Coverage for the quarter that ended in Sep. 2024 was 3.92. 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.

Dominion Lending Centres Interest Expense Historical Data

The historical data trend for Dominion Lending Centres'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.

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Dominion Lending Centres Interest Expense Chart

Dominion Lending Centres Annual Data

Trend

Sep13

Sep14

Sep15

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-9.63

-4.91

-31.74

-4.60

-12.90

Dominion Lending Centres Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-1.67	-2.71	-0.72	-3.30	-2.61

Dominion Lending Centres 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.34 Mil.

Dominion Lending Centres (TSX:DLCG) 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.

Dominion Lending Centres's Interest Expense for the three months ended in Sep. 2024 was C$-2.61 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$10.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$27.97 Mil.

Dominion Lending Centres's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	10.215	/	-2.606
	=	3.92

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

Dominion Lending Centres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dominion Lending Centres Inc (TSX:DLCG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BRLGF:USA B6M:Germany

Address

2215 Coquitlam Avenue, Port Coquitlam, BC, CAN, V3B 1J6

Website

https://www.dlcg.ca

Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.

Executives

Geoffrey Charles Willis	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Trevor Bruno	Director
Richard George Spence	Senior Officer
Jose Pinheiro	Senior Officer
Edward Cocciollo	Senior Officer
James Geral Bell	Director
Dennis Frank Sykora	Director
Ronald Philippe Gratton	Director
Dustan Haney Woodhouse	Senior Officer
Belkorp Industries Inc.	10% Security Holder
Amardeep Leekha	Senior Officer
Gary Brian Mauris	Director
Christopher Mark Kayat	Director
Dominion Lending Centres Inc.	Issuer
Robin Candice Burpee	Senior Officer

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