Plank Ventures (XCNQ:PLNK) Interest Expense : C$-1.28 Mil (TTM As of Apr. 2025)

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What is Plank Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Plank Ventures's interest expense for the three months ended in Apr. 2025 was C$ -0.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2025 was C$-1.28 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. Plank Ventures's Operating Income for the three months ended in Apr. 2025 was C$ -0.72 Mil. Plank Ventures's Interest Expense for the three months ended in Apr. 2025 was C$ -0.33 Mil. Plank Ventures 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.

Plank Ventures Interest Expense Historical Data

The historical data trend for Plank Ventures'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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Plank Ventures Interest Expense Chart

Plank Ventures Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Jul24

Interest Expense

-0.26

-0.49

-0.64

-0.90

-1.06

Plank Ventures Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Interest Expense	Get a 7-Day Free Trial															-0.25	-0.32	-0.31	-0.32	-0.33

Plank Ventures 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 Apr. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.28 Mil.

Plank Ventures (XCNQ:PLNK) 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.

Plank Ventures's Interest Expense for the three months ended in Apr. 2025 was C$-0.33 Mil. Its Operating Income for the three months ended in Apr. 2025 was C$-0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2025 was C$0.24 Mil.

Plank Ventures's Interest Coverage for the quarter that ended in Apr. 2025 is calculated as

Plank Ventures did not have earnings to cover the interest expense.

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

Plank Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Plank Ventures Ltd (XCNQ:PLNK) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

1080 Mainland Street, Suite 204, Vancouver, BC, CAN, V6C 2T4

Website

https://www.plankcapital.com

Plank Ventures Ltd is an investment company. It invests and acquires internet software companies that have growth potential and prove capabilities to sell services into the marketplace. The Company invests in business opportunities in the technology area and SaaS businesses with a focus on marketing via social media and promotion. The company's two operating segments are investing activities (Canada) and online promotions (United States of America). Geographically, it operates within Canada and the United States, out of which it generates majority of its revenue from the United States.

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