Valener (TSX:VNR.PR.A.PFD) Interest Expense : C$-2.56 Mil (TTM As of Jun. 2019)

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What is Valener Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valener's interest expense for the three months ended in Jun. 2019 was C$ -0.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was C$-2.56 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. Valener's Operating Income for the three months ended in Jun. 2019 was C$ -0.20 Mil. Valener's Interest Expense for the three months ended in Jun. 2019 was C$ -0.63 Mil. Valener 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.

Valener Interest Expense Historical Data

The historical data trend for Valener'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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Valener Interest Expense Chart

Valener Annual Data

Trend

Sep09

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Sep18

Interest Expense

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-1.36

-1.59

-1.95

-1.81

-2.44

Valener Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Interest Expense	Get a 7-Day Free Trial															-0.63	-0.63	-0.64	-0.67	-0.63

Valener 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.56 Mil.

Valener (TSX:VNR.PR.A.PFD) 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.

Valener's Interest Expense for the three months ended in Jun. 2019 was C$-0.63 Mil. Its Operating Income for the three months ended in Jun. 2019 was C$-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was C$78.58 Mil.

Valener's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Valener did not have earnings to cover the interest expense.

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

Valener (TSX:VNR.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Valener Inc (TSX:VNR.PR.A.PFD) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

1717 du Havre Street, Montreal, QC, CAN, H2K 2X3

Website

http://www.valener.com

Valener Inc is an investment holding company engaged in the regulated energy business in the United States and Canada through Gaz Metro. Its core business operations involve natural gas distribution in Quebec and Vermont as well as electricity distribution in Vermont. The company through its subsidiaries holds the interest in wind farm business. It serves more than 200,000 customers in Quebec and over 310,000 customers in Vermont.

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