Parkit Enterprise (TSXV:PKT) Interest Expense: C$-8.01 Mil (TTM As of Mar. 2026)

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TSXV:PKT Parkit Enterprise Inc TSXV:PKT
44 GF Score
Price C$9.00
GF Value C$0.73
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Parkit Enterprise Interest Expense?

Parkit Enterprise TSXV:PKT 44 Interest Expense is C$-8.01 Mil as of Mar. 2026. GuruFocus rates TSXV:PKT with a GF Score™ of 44/100 and a GF Value™ of C$0.73 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Parkit Enterprise's interest expense for the three months ended in Mar. 2026 was C$ -1.83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$-8.01 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. Parkit Enterprise's Operating Income for the three months ended in Mar. 2026 was C$ 1.59 Mil. Parkit Enterprise's Interest Expense for the three months ended in Mar. 2026 was C$ -1.83 Mil. Parkit Enterprise's Interest Coverage for the quarter that ended in Mar. 2026 was 0.87. 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.


Parkit Enterprise  (TSXV:PKT) 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.

Parkit Enterprise's Interest Expense for the three months ended in Mar. 2026 was C$-1.83 Mil. Its Operating Income for the three months ended in Mar. 2026 was C$1.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was C$141.27 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.592/-1.829
=0.87

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Parkit Enterprise Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Parkit Enterprise Interest Expense Historical Data

* Premium members only.

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Interest Expense Chart

Parkit Enterprise Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -2.05 -7.46 -9.06 -8.63

Parkit Enterprise 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 -2.45 -2.47 -1.91 -1.80 -1.83
TSXV:PKT
44GF Score
Parkit Enterprise Inc TSXV:PKT
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Parkit Enterprise 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$-8.01 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$-8.01 Mil mean?
Parkit Enterprise (TSXV:PKT) has a Interest Expense of C$-8.01 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Parkit Enterprise and its competitors.
Is Parkit Enterprise's Interest Expense too high?
Parkit Enterprise's current Interest Expense is C$-8.01 Mil. Overall, Parkit Enterprise has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parkit Enterprise's Interest Expense compare to CBRE and BEKE?
Parkit Enterprise's Interest Expense of C$-8.01 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Interest Expense depends on the Real Estate 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 Parkit Enterprise and its competitors. Parkit Enterprise's current Interest Expense is C$-8.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkit Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Parkit Enterprise (TSXV:PKT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.73, compared to a current price of C$9.00 — trading 1132.9% above its estimated fair value. The current Interest Expense is C$-8.01 Mil. Parkit Enterprise's overall GF Score™ is 44/100 with 10 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 Parkit Enterprise (TSXV:PKT), the current Interest Expense is C$-8.01 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 Parkit Enterprise (TSXV:PKT) Overvalued in 2026?

Based on GuruFocus' analysis, Parkit Enterprise stock appears to be overvalued. The current stock price of C$9.00 is trading 1132.9% above its estimated GF Value™ of C$0.73. GuruFocus considers Parkit Enterprise to be Significantly Overvalued.

Key valuation signals for TSXV:PKT:

  • Interest Expense: C$-8.01 Mil
  • GF Value™: C$0.73 vs. price of C$9.00 (1132.9% above fair value)
  • GF Score™: 44/100 with 10 warning signs

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


Parkit Enterprise Business Description

Other Exchanges PKTED:USA
Address 100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an investment real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada; and Parking Properties which involves the acquisition and management of income producing parking facilities across the United States. Majority of the company's revenue is from Investment Properties. The company only operates in Canada and the United States.
44GF Score

Get the complete analysis for TSXV:PKT

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

C$9.00
Price
C$0.73
GF Value