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TELUS International (Cda) (TSX:TIXT) Interest Expense : C$-190 Mil (TTM As of Mar. 2024)


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What is TELUS International (Cda) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TELUS International (Cda)'s interest expense for the three months ended in Mar. 2024 was C$ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-190 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. TELUS International (Cda)'s Operating Income for the three months ended in Mar. 2024 was C$ 61 Mil. TELUS International (Cda)'s Interest Expense for the three months ended in Mar. 2024 was C$ -47 Mil. TELUS International (Cda)'s Interest Coverage for the quarter that ended in Mar. 2024 was 1.29. 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.


TELUS International (Cda) Interest Expense Historical Data

The historical data trend for TELUS International (Cda)'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.

* Premium members only.

TELUS International (Cda) Interest Expense Chart

TELUS International (Cda) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -46.09 -53.80 -52.48 -52.98 -189.17

TELUS International (Cda) Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -43.79 -46.50 -50.07 -45.61 -47.38

TELUS International (Cda) 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$-190 Mil.

* 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.


TELUS International (Cda)  (TSX:TIXT) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

TELUS International (Cda)'s Interest Expense for the three months ended in Mar. 2024 was C$-47 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0 Mil.

TELUS International (Cda)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*60.912/-47.376
=1.29

* 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.

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


TELUS International (Cda) (TSX:TIXT) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, Floor 7, Vancouver, BC, CAN, V6B 0M3
TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, eCommerce and FinTech, Banking, Financial Services and Insurance, Communications and Media, and Travel and Hospitality. The solutions offered by the company include Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation among other services. Geographically, it derives a majority of its revenue from the European region.