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Soundvest Split Trust (TSX:BSD.PR.A.PFD) Interest Expense : C$-0.99 Mil (TTM As of Dec. 2018)


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What is Soundvest Split Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Soundvest Split Trust's interest expense for the six months ended in Dec. 2018 was C$ -0.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was C$-0.99 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. Soundvest Split Trust's Operating Income for the six months ended in Dec. 2018 was C$ -2.12 Mil. Soundvest Split Trust's Interest Expense for the six months ended in Dec. 2018 was C$ -0.50 Mil. Soundvest Split Trust 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.


Soundvest Split Trust Interest Expense Historical Data

The historical data trend for Soundvest Split Trust'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.

Soundvest Split Trust Interest Expense Chart

Soundvest Split Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.25 -1.08 -0.99

Soundvest Split Trust Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 - -0.55 -0.54 -0.50 -0.50

Soundvest Split Trust 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$-0.99 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.


Soundvest Split Trust  (TSX:BSD.PR.A.PFD) 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.

Soundvest Split Trust's Interest Expense for the six months ended in Dec. 2018 was C$-0.50 Mil. Its Operating Income for the six months ended in Dec. 2018 was C$-2.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2018 was C$0.00 Mil.

Soundvest Split Trust's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Soundvest Split Trust did not have earnings to cover the interest expense.

* 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.

Good Sign:

Brookfield Soundvest Split Trust has no debt.


Soundvest Split Trust (TSX:BSD.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
100 Sparks Street, 9th Floor, Ottawa, ON, CAN, K1P 5B7
Soundvest Split Trust is a Canada based fund. It invests in a diversified portfolio consisting of common and preferred shares of Canadian issuers, income securities, bonds and debentures, income trusts, real estate investment trusts (REITs), Canadian mortgage-backed securities, and cash and cash equivalents. The fund's investment objectives are to provide unitholders with a stable stream of quarterly distributions and maximize long-term total return to unitholders. Geographically, the company operates in Canada region.

Soundvest Split Trust (TSX:BSD.PR.A.PFD) Headlines

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