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Everyday People Financial (TSXV:EPF) Interest Expense : C$-3.16 Mil (TTM As of Sep. 2024)


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What is Everyday People Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Everyday People Financial's interest expense for the three months ended in Sep. 2024 was C$ -0.74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-3.16 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. Everyday People Financial's Operating Income for the three months ended in Sep. 2024 was C$ 1.40 Mil. Everyday People Financial's Interest Expense for the three months ended in Sep. 2024 was C$ -0.74 Mil. Everyday People Financial's Interest Coverage for the quarter that ended in Sep. 2024 was 1.89. 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.


Everyday People Financial Interest Expense Historical Data

The historical data trend for Everyday People 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.

Everyday People Financial Interest Expense Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
Interest Expense
- -0.53 - -2.44

Everyday People Financial Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.49 -0.96 -0.67 -0.79 -0.74

Everyday People 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.16 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.


Everyday People Financial  (TSXV:EPF) 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.

Everyday People Financial's Interest Expense for the three months ended in Sep. 2024 was C$-0.74 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$1.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$6.13 Mil.

Everyday People Financial'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*1.395/-0.737
=1.89

* 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.


Everyday People Financial Business Description

Traded in Other Exchanges
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Everyday People Financial Corp is a financial services provider. Through its technology-driven ecosystem, alternative and specialty credit financing programs it offers credit and payment cards, homeownership facilitation, consumer lending, and payment management among other services. The reportable operating segments of the company are; Financial services, EP Homes facilitation services, Revenue cycle management services, and Contract receivable services. The majority of the company's revenue is derived from its Revenue cycle management services segment which provides debt collection services for corporations that have past due and default accounts. Geographically, the company generates a majority of its revenue from Canada followed by the United Kingdom and the United States of America.
Executives
Scott Cleghorn Sinclair Director
Amy Marie Ter Haar Director
Tyler John Hatch Senior Officer
Darren David Colin Wagner Senior Officer
Adelhardt Hermann Glombick Senior Officer
Dilpreet Singh Boparai Senior Officer
Rajvir Jassar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Graham Rankin Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Carrie Lee Reykdal 10% Security Holder, Director or Senior Officer of 10% Security Holder
Gordon Reykdal Director, Senior Officer
Allan Scullion Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Heidi Roszmann Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Sorrentino Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Everyday People Financial Headlines

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