Waste Connections (Waste Connections) Interest Expense : $-275 Mil (TTM As of Dec. 2023)

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What is Waste Connections Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Waste Connections's interest expense for the three months ended in Dec. 2023 was $ -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-275 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. Waste Connections's Operating Income for the three months ended in Dec. 2023 was $ 394 Mil. Waste Connections's Interest Expense for the three months ended in Dec. 2023 was $ -70 Mil. Waste Connections's Interest Coverage for the quarter that ended in Dec. 2023 was 5.65. 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.

Waste Connections Interest Expense Historical Data

The historical data trend for Waste Connections'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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Waste Connections Interest Expense Chart

Waste Connections Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-147.37

-162.38

-162.80

-202.33

-274.64

Waste Connections 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															-64.77	-68.35	-67.55	-69.02	-69.73

Waste Connections 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 $-275 Mil.

Waste Connections (NYSE:WCN) 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.

Waste Connections's Interest Expense for the three months ended in Dec. 2023 was $-70 Mil. Its Operating Income for the three months ended in Dec. 2023 was $394 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $6,963 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	394.113	/	-69.728
	=	5.65

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

Waste Connections (Waste Connections) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Waste Connections Inc (NYSE:WCN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WCN:Mexico UI51:Germany UI51:Germany WCN:Canada

Address

6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3

Website

https://www.wasteconnections.com

Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 100 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 79 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2022, 13% of consolidated revenue was generated from the firm's Canadian segment.

Executives

Philip Rivard	officer: SR VP Business Development	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Iii Robert Nielsen	officer: SR VP Operations	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Robert Michael Cloninger	officer: SR VP, Deputy General Counsel	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
William J Razzouk	director	C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
James Little	officer: Sr. Vice President Engineering	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Susan Netherton	officer: VP People, Training & Devlpmnt	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Domenic Pio	officer: SR VP Operations	1001 FANNIN ST, STE 4000, HOUSTON TX 77002
David Eddie	officer: Sr. VP & Chief Accting Officer	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Andrea E. Bertone	director	C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Eric Hansen	officer: Senior Vice President and CIO	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Patrick James Shea	officer: Sr. VP, General Counsel & Sec	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Jason Craft	officer: Sr Vice President-Operations	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Darrell W Chambliss	officer: EVP & COO	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
David M Hall	officer: Sr. Vice President	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Matthew Stephen Black	officer: Sr. Vice President - Tax	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380