Leafbuyer Technologies (Leafbuyer Technologies) Interest Expense : $-0.13 Mil (TTM As of Dec. 2023)

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What is Leafbuyer Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leafbuyer Technologies's interest expense for the three months ended in Dec. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.13 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. Leafbuyer Technologies's Operating Income for the three months ended in Dec. 2023 was $ -0.20 Mil. Leafbuyer Technologies's Interest Expense for the three months ended in Dec. 2023 was $ -0.02 Mil. Leafbuyer 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.

Leafbuyer Technologies Interest Expense Historical Data

The historical data trend for Leafbuyer 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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Leafbuyer Technologies Interest Expense Chart

Leafbuyer Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.68

-1.02

-0.48

-0.21

-0.17

Leafbuyer Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.04	-0.04	-0.04	-0.02

Leafbuyer 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 Mil.

Leafbuyer Technologies (OTCPK:LBUY) 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.

Leafbuyer Technologies's Interest Expense for the three months ended in Dec. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.46 Mil.

Leafbuyer Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

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

Leafbuyer Technologies (Leafbuyer Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Leafbuyer Technologies Inc (OTCPK:LBUY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6888 South Clinton Street, Suite 301, Greenwood Village, CO, USA, 80112

Website

https://www.leafbuyer.com

Leafbuyer Technologies Inc operates an online portal for cannabis deals and specials. The company primarily serves legal cannabis dispensaries and companies who create cannabis-related products. It markets THC, CBD, CBG, Concentrates, and Edibles Products.

Executives

Jeffrey D Rudolph	director	PO BOX 202319, DENVER CO 80220
Kristin Lea Baca	director	16871 E CALEY PL, AURORA CO 80016
Kurt Rossner	director, 10 percent owner, officer: Chief Operating Officer	6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Mark Breen	director, 10 percent owner, officer: Chief Operating Officer	6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Michael Goerner	director, 10 percent owner, officer: Chief Operating Officer	6888 S. CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112