LQR House (LQR House) Interest Expense : $-0.17 Mil (TTM As of Mar. 2024)

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What is LQR House Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LQR House's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.17 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. LQR House's Operating Income for the three months ended in Mar. 2024 was $ -2.47 Mil. LQR House's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. LQR House has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

LQR House Interest Expense Historical Data

The historical data trend for LQR House'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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LQR House Interest Expense Chart

LQR House Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.17

LQR House Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-	-	-0.17	-	-

LQR House 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 $-0.17 Mil.

LQR House (NAS:LQR) 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.

LQR House's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-2.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

LQR House had no long-term debt ⁽¹⁾.

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

LQR House (LQR House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » LQR House Inc (NAS:LQR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6800 Indian Creek Drive, Suite 1E, Miami Beach, FL, USA, 33141

Website

https://www.lqrhouse.com

LQR House Inc intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. It also intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy-to-use platform and become the one-stop shop for everything related to alcohol. The company's primary business includes the development of premium limited-batch spirit brands, establishing an exclusive wine club, and marketing internal and external brands through an exclusive agreement with a U.S.-based e-commerce portal. It believes that the marketing and brand management services it provides to its wholly owned and third-party clients will increase brand recognition thereof, and drive sales thereof through its e-commerce platform partner.

Executives

Sean Dollinger	director, 10 percent owner, officer: Chief Executive Officer	6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
James C. Huber	director	127 FLORENCE DRIVE, JUPITER FL 33458
Kbros, Llc	10 percent owner	23658 SAN VICENTE ROAD, RAMONA CA 92065
Guy Dollinger	director	283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2
Jaclyn Hoffman	officer: Chief Marketing Officer	166 2ND AVENUE, APT 2A, NEW YORK NY 10003
Kumar Abhishek	officer: Chief Financial Officer	25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002
Darren Collins	director	22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2
Alexandra Hoffman	director	6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141
James P. O'brien	director	3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1