International Land Alliance (International Land Alliance) Interest Expense : $-2.30 Mil (TTM As of Sep. 2023)

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What is International Land Alliance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Land Alliance's interest expense for the three months ended in Sep. 2023 was $ -0.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.30 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. International Land Alliance's Operating Income for the three months ended in Sep. 2023 was $ -0.96 Mil. International Land Alliance's Interest Expense for the three months ended in Sep. 2023 was $ -0.71 Mil. International Land Alliance 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.

International Land Alliance Interest Expense Historical Data

The historical data trend for International Land Alliance'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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International Land Alliance Interest Expense Chart

International Land Alliance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.09

-0.37

-0.47

-0.80

-1.53

International Land Alliance Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.63	-0.57	-0.58	-0.43	-0.71

International Land Alliance 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.30 Mil.

International Land Alliance (OTCPK:ILAL) 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.

International Land Alliance's Interest Expense for the three months ended in Sep. 2023 was $-0.71 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

International Land Alliance's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

International Land Alliance did not have earnings to cover the interest expense.

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

International Land Alliance (International Land Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Land Alliance Inc (OTCPK:ILAL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

350 10th Avenue, Suite 1000, San Diego, CA, USA, 92101

Website

https://www.ila.company

International Land Alliance Inc is a residential land development company with target properties located in the Baja California, Norte region of Mexico. Its activities include purchasing properties, obtaining zoning and other entitlements required to subdivide the properties into residential and commercial building plots, securing financing for the purchase of the plots, improving the property's infrastructure and amenities, and selling the plots to homebuyers, retirees, investors, and commercial developers.

Executives

Jason Sunstein	director, 10 percent owner, officer: CFO	350 10TH AVE., SUITE 1000, SAN DIEGO CA 92101
Frank Ingrande	officer: President	1633 LILY AVE., EL CAJON CA 92021
Roberto Jesus Valdez	director, 10 percent owner, officer: President & Director	350 10TH AVENUE, SUITE 1000, SAN DIEGO CA 92101
Lisa Landau	officer: Secretary & COO	350 10TH AVENUE, SUITE 1000, SAN DIEGO CA 92101