Thinkific Labs (TSX:THNC) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Thinkific Labs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thinkific Labs's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.00 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. Thinkific Labs's Operating Income for the three months ended in Mar. 2024 was C$ -2.08 Mil. Thinkific Labs's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. GuruFocus does not calculate Thinkific Labs's interest coverage with the available data. 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.

Thinkific Labs Interest Expense Historical Data

The historical data trend for Thinkific Labs'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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Thinkific Labs Interest Expense Chart

Thinkific Labs Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.01

-0.04

Thinkific Labs Quarterly Data
	Dec18	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														-	-	-	-	-

Thinkific Labs 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 C$0.00 Mil.

Thinkific Labs (TSX:THNC) 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.

Thinkific Labs's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-2.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.46 Mil.

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

GuruFocus does not calculate Thinkific Labs's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Thinkific Labs Inc has enough cash to cover all of its debt. Its financial situation is stable.

Thinkific Labs (TSX:THNC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinkific Labs Inc (TSX:THNC) » Definitions » Interest Expense

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THNCF:USA 5S0:Germany

Address

369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4

Website

https://www.thinkific.com

Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that our Creators can create, sell and deliver using the Company's Platform.

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