Stantec (Stantec) Interest Expense : $-76 Mil (TTM As of Dec. 2023)

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What is Stantec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stantec's interest expense for the three months ended in Dec. 2023 was $ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-76 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. Stantec's Operating Income for the three months ended in Dec. 2023 was $ 88 Mil. Stantec's Interest Expense for the three months ended in Dec. 2023 was $ -26 Mil. Stantec's Interest Coverage for the quarter that ended in Dec. 2023 was 3.39. 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.

Stantec Interest Expense Historical Data

The historical data trend for Stantec'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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Stantec Interest Expense Chart

Stantec Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-55.66

-41.46

-33.36

-51.23

-76.55

Stantec 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															-17.00	-15.13	-16.79	-18.55	-25.79

Stantec 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 $-76 Mil.

Stantec (NYSE:STN) 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.

Stantec's Interest Expense for the three months ended in Dec. 2023 was $-26 Mil. Its Operating Income for the three months ended in Dec. 2023 was $88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,088 Mil.

Stantec'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	*	87.507	/	-25.79
	=	3.39

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

Stantec (Stantec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stantec Inc (NYSE:STN) » Definitions » Interest Expense

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S3A:Germany STN:Canada

Address

10220 - 103 Avenue NW, Suite 400, Edmonton, AB, CAN, T5J 0K4

Website

http://www.stantec.com

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources. The company provides professional services in all phases of the project life cycle: planning, design, construction administration, commissioning, maintenance, decommissioning, and remediation.