SNDL (SNDL) Interest Expense : $-5.9 Mil (TTM As of Mar. 2024)

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What is SNDL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SNDL's interest expense for the three months ended in Mar. 2024 was $ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.9 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. SNDL's Operating Income for the three months ended in Mar. 2024 was $ -11.8 Mil. SNDL's Interest Expense for the three months ended in Mar. 2024 was $ -1.4 Mil. SNDL 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.

SNDL Interest Expense Historical Data

The historical data trend for SNDL'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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SNDL Interest Expense Chart

SNDL Annual Data

Trend

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.18

-0.61

-4.35

-5.90

SNDL Quarterly Data
	Jun19	Sep19	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															-1.42	-1.73	-1.24	-1.50	-1.44

SNDL 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 $-5.9 Mil.

SNDL (NAS:SNDL) 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.

SNDL's Interest Expense for the three months ended in Mar. 2024 was $-1.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-11.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $95.2 Mil.

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

SNDL did not have earnings to cover the interest expense.

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

SNDL (SNDL) Business Description

Industry

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

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Address

919-11 Avenue South West, Suite 300, Calgary, AB, CAN, T2R 1P3

Website

https://www.sndl.com

SNDL Inc is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. Principal activities of the company are the retailing of wines, beers and spirits. It comprised of four reportable segments: liquor retail, cannabis retail, cannabis operations, and investments. Liquor retail includes the sale of wines, beers and spirits through owned liquor stores. Company generates maximum revenue from liquor retail.