Richco Investors (TSXV:RII.K) Interest Expense : C$-0.00 Mil (TTM As of Sep. 2024)

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What is Richco Investors Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Richco Investors's interest expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Richco Investors's Operating Income for the three months ended in Sep. 2024 was C$ -0.01 Mil. Richco Investors's Interest Expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. GuruFocus does not calculate Richco Investors's interest coverage with the available data. 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.

Richco Investors Interest Expense Historical Data

The historical data trend for Richco Investors'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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Richco Investors Interest Expense Chart

Richco Investors Annual Data

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Interest Expense

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Richco Investors Quarterly Data
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Richco Investors 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$-0.00 Mil.

Richco Investors (TSXV:RII.K) 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.

Richco Investors's Interest Expense for the three months ended in Sep. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.02 Mil.

Richco Investors's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

GuruFocus does not calculate Richco Investors's interest coverage with the available data.

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

Richco Investors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Richco Investors Inc (TSXV:RII.K) » Definitions » Interest Expense

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Address

3882 Lawrence Place, North Vancouver, Vancouver, BC, CAN, V7K 2X2

Website

www.richcoinvestors.com

Richco Investors Inc principal business is to provide financial, management and other administrative services to early development stage business. The principal objective of the company is long-term wealth creation through creating or helping businesses to fulfill their potential through strategic planning, capital infusion and corporate restructuring.

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