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Wishpond Technologies (TSXV:WISH) Interest Expense : C$-0.07 Mil (TTM As of Mar. 2024)


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What is Wishpond Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wishpond Technologies's interest expense for the three months ended in Mar. 2024 was C$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.07 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. Wishpond Technologies's Operating Income for the three months ended in Mar. 2024 was C$ -0.33 Mil. Wishpond Technologies's Interest Expense for the three months ended in Mar. 2024 was C$ -0.04 Mil. Wishpond Technologies did not have earnings to cover the interest expense. 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.


Wishpond Technologies Interest Expense Historical Data

The historical data trend for Wishpond Technologies'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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Wishpond Technologies Interest Expense Chart

Wishpond Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.04 -0.03 -0.01 - -0.03

Wishpond Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - -0.01 -0.02 -0.04

Wishpond Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 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.


Wishpond Technologies  (TSXV:WISH) 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.

Wishpond Technologies's Interest Expense for the three months ended in Mar. 2024 was C$-0.04 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Wishpond Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Wishpond Technologies did not have earnings to cover the interest expense.

* 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.


Wishpond Technologies (TSXV:WISH) Business Description

Traded in Other Exchanges
Address
422 Richards Street, No.170, Vancouver, BC, CAN, V6B 2Z4
Wishpond Technologies Ltd is a provider of marketing-focused online business solutions providing digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities from one integrated platform. It replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. It serves over 3,700 customers who are mainly small-to-medium size businesses in a wide variety of industries. The company employs a Software-as-a-Service (SaaS) business model where substantially all its revenue is subscription-based recurring revenue.
Executives
David Pais Senior Officer

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