The Limestone Boat Co (The Limestone Boat Co) Interest Expense : $-2.08 Mil (TTM As of Dec. 2023)

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What is The Limestone Boat Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Limestone Boat Co's interest expense for the three months ended in Dec. 2023 was $ -0.74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.08 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. The Limestone Boat Co's Operating Income for the three months ended in Dec. 2023 was $ -0.47 Mil. The Limestone Boat Co's Interest Expense for the three months ended in Dec. 2023 was $ -0.74 Mil. The Limestone Boat Co 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.

The Limestone Boat Co Interest Expense Historical Data

The historical data trend for The Limestone Boat Co'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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The Limestone Boat Co Interest Expense Chart

The Limestone Boat Co Annual Data

Trend

Dec20

Interest Expense

-0.01

The Limestone Boat Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial									-0.61	-0.60	-0.66	-0.68	-0.74

The Limestone Boat Co 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 $-2.08 Mil.

The Limestone Boat Co (OTCPK:LMSBF) 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.

The Limestone Boat Co's Interest Expense for the three months ended in Dec. 2023 was $-0.74 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.42 Mil.

The Limestone Boat Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

The Limestone Boat Co did not have earnings to cover the interest expense.

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

The Limestone Boat Co (The Limestone Boat Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » The Limestone Boat Co Ltd (OTCPK:LMSBF) » Definitions » Interest Expense

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BOAT:Canada

Address

64 Hurontario Street, Collingwood, ON, CAN, L9Y 2L6

Website

https://www.limestoneboatcompany.com

The Limestone Boat Co Ltd is an owner and builder of Aquasport Boat, Limestone Boat, and Boca Bay boat brands. The company is backed by a large, skilled labor force and dealer partners throughout the United States and the Canadian Great Lakes Region.