Digital Locations (Digital Locations) Interest Expense : $-2.36 Mil (TTM As of Mar. 2024)

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What is Digital Locations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digital Locations's interest expense for the three months ended in Mar. 2024 was $ -1.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.36 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. Digital Locations's Operating Income for the three months ended in Mar. 2024 was $ -0.84 Mil. Digital Locations's Interest Expense for the three months ended in Mar. 2024 was $ -1.45 Mil. Digital Locations 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.

Digital Locations Interest Expense Historical Data

The historical data trend for Digital Locations'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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Digital Locations Interest Expense Chart

Digital Locations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.98

-0.63

-0.92

-0.51

-0.99

Digital Locations Quarterly Data
	Jun19	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															-0.08	-0.05	-0.37	-0.49	-1.45

Digital Locations 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 $-2.36 Mil.

Digital Locations (OTCPK:DLOC) 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.

Digital Locations's Interest Expense for the three months ended in Mar. 2024 was $-1.45 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.65 Mil.

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

Digital Locations did not have earnings to cover the interest expense.

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

Digital Locations (Digital Locations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Digital Locations Inc (OTCPK:DLOC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

1117 State Street, Santa Barbara, CA, USA, 93101

Website

https://www.digitallocations.com

Digital Locations Inc is an early-stage aggregator, developer and acquirer of small cell sites and cell towers for 5G services. The company intend to develop a portfolio of sites to help meet the expected demand for rapidly growing 5G networks.

Executives

Richard Berliner	officer: Chief Executive Officer	C/O DIGITAL LOCATIONS, INC., 3700 STATE STREET, SUITE 350, SANTA BARBARA CA 93105
Rick Ellis	director	9450 SW GEMINI DR STE #63291, BEAVERTON OR 97708
Elton Byron	director	5511-C EKWILL STREET, SANTA BARBARA CA 93111
Christopher S Kelly	director, officer: true	5511-C EKWILL STREET, SANTA BARBARA CA 93111
Beifuss William E Jr	director, 10 percent owner, officer: Chairman, President, CEO & CFO	1205 PETERSEN AVENUE, SOLVANG CA 93463