Findev (TSXV:FDI) Interest Expense: C$0.00 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:FDI Findev Inc TSXV:FDI
57 GF Score
Price C$0.34
GF Value C$0.32
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Findev Interest Expense?

Findev TSXV:FDI 57 Interest Expense is C$0.00 Mil as of Mar. 2026. GuruFocus rates TSXV:FDI with a GF Score™ of 57/100 and a GF Value™ of C$0.32 (Fairly Valued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Findev's interest expense for the three months ended in Mar. 2026 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.00 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. Findev's Operating Income for the three months ended in Mar. 2026 was C$ 0.19 Mil. Findev's Interest Expense for the three months ended in Mar. 2026 was C$ 0.00 Mil. Findev has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Findev  (TSXV:FDI) 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.

Findev's Interest Expense for the three months ended in Mar. 2026 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2026 was C$0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was C$0.00 Mil.

Findev's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Findev had no long-term debt (1).

* 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.

Good Sign:

Findev Inc has no debt.


Findev Interest Expense Historical Data

* Premium members only.

The historical data trend for Findev'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.

Findev Interest Expense Chart

Findev Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.00 -0.00 -0.00 0.00

Findev Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00
TSXV:FDI
57GF Score
Findev Inc TSXV:FDI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Findev 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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 C$0.00 Mil mean?
Findev (TSXV:FDI) has a Interest Expense of C$0.00 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Findev and its competitors.
Is Findev's Interest Expense too high?
Findev's current Interest Expense is C$0.00 Mil. Overall, Findev has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findev's Interest Expense compare to RKT and FNMA?
Findev's Interest Expense of C$0.00 Mil can be compared against companies in the Banks 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 Banks company?
A good Interest Expense depends on the Banks 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 Findev and its competitors. Findev's current Interest Expense is C$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Findev stock overvalued right now?
Based on GuruFocus' analysis, Findev (TSXV:FDI) is currently considered Fairly Valued. The stock's GF Value™ is C$0.32, compared to a current price of C$0.34 — trading 6.3% above its estimated fair value. The current Interest Expense is C$0.00 Mil. Findev's overall GF Score™ is 57/100 with 2 warning signs to review. 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 Findev (TSXV:FDI), the current Interest Expense is C$0.00 Mil as of Mar. 2026. 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.

Is Findev (TSXV:FDI) Overvalued in 2026?

Based on GuruFocus' analysis, Findev stock appears to be overvalued. The current stock price of C$0.34 is trading 6.3% above its estimated GF Value™ of C$0.32. GuruFocus considers Findev to be Fairly Valued.

Key valuation signals for TSXV:FDI:

  • Interest Expense: C$0.00 Mil
  • GF Value™: C$0.32 vs. price of C$0.34 (6.3% above fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the TSXV:FDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Findev Business Description

Other Exchanges TNSGF:USA
Address 10 Wanless Avenue, Suite 201, Toronto, ON, CAN, M4N 1V6
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above average returns in a two to three year timeframe.
57GF Score

Get the complete analysis for TSXV:FDI

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

C$0.34
Price
C$0.32
GF Value