VQSSF (VIQ Solutions) Interest Expense: $-3.04 Mil (TTM As of Mar. 2026)


What is VIQ Solutions Interest Expense?

VIQ Solutions VQSSF Interest Expense is $-3.04 Mil as of Mar. 2026. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VIQ Solutions's interest expense for the three months ended in Mar. 2026 was $ -1.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-3.04 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. VIQ Solutions's Operating Income for the three months ended in Mar. 2026 was $ 0.90 Mil. VIQ Solutions's Interest Expense for the three months ended in Mar. 2026 was $ -1.04 Mil. VIQ Solutions'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.

VIQ Solutions  (OTCPK:VQSSF) 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.

VIQ Solutions's Interest Expense for the three months ended in Mar. 2026 was $-1.04 Mil. Its Operating Income for the three months ended in Mar. 2026 was $0.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $0.66 Mil.

VIQ Solutions'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*0.898/-1.037
=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. VIQ Solutions Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

VIQ Solutions Interest Expense Historical Data

* Premium members only.

The historical data trend for VIQ Solutions'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.

VIQ Solutions Interest Expense Chart

VIQ Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.30 -2.28 -2.83 -3.18 -3.80

VIQ Solutions Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 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 -0.82 -0.91 -1.00 -1.00 -1.04

VIQ Solutions 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 $-3.04 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 $-3.04 Mil mean?
VIQ Solutions (VQSSF) has a Interest Expense of $-3.04 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on VIQ Solutions and its competitors.
Is VIQ Solutions' Interest Expense too high?
VIQ Solutions' current Interest Expense is $-3.04 Mil.
How does VIQ Solutions' Interest Expense compare to UBER and SHOP?
VIQ Solutions' Interest Expense of $-3.04 Mil can be compared against companies in the Software 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 Software company?
A good Interest Expense depends on the Software 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 VIQ Solutions and its competitors. VIQ Solutions's current Interest Expense is $-3.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (VQSSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.08, compared to a current price of $0.06 — trading 18.9% below its estimated fair value. The current Interest Expense is $-3.04 Mil. 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 VIQ Solutions (VQSSF), the current Interest Expense is $-3.04 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.

VIQ Solutions Business Description

Other Exchanges VQS:Canada
Address 35 West Pearce Street, Unit 12 & 13, Richmond Hill, ON, CAN, L4B 3A9
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.