First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Interest Expense : C$-0.23 Mil (TTM As of Jun. 2015)

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What is First Asset CanBanc Split Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Asset CanBanc Split's interest expense for the six months ended in Jun. 2015 was C$ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was C$-0.23 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. First Asset CanBanc Split's Operating Income for the six months ended in Jun. 2015 was C$ Mil. First Asset CanBanc Split's Interest Expense for the six months ended in Jun. 2015 was C$ Mil. 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.

First Asset CanBanc Split Interest Expense Historical Data

The historical data trend for First Asset CanBanc Split'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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First Asset CanBanc Split Interest Expense Chart

First Asset CanBanc Split Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

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-0.33

-0.27

-0.25

-0.23

First Asset CanBanc Split Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Interest Expense	Get a 7-Day Free Trial								-0.12	-0.12	-0.11	-0.11	-0.11

First Asset CanBanc Split 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$-0.23 Mil.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Asset CanBanc Split Corp (TSX:CBU.PR.A.PFD) » Definitions » Interest Expense

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Website

http://www.firstasset.com

First Asset CanBanc Split Corp was incorporated under the laws of the Province of Ontario on September 5, 2008, is a mutual fund corporation whose investment portfolio consists of common shares of the six largest Canadian banks. The Fund's objectives in managing its capital with respect to the preferred shares are to provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.1625 per preferred share and to return the original issue price to preferred shareholders at the time of redemption of such shares on or about January 15, 2016. The Fund's objectives in managing its capital with respect to the Class A shares are to provide Class A shareholders with the opportunity to participate in the performance of the Fund's portfolio on a leveraged basis and to benefit from any increase in the dividends from the securities in the Fund's portfolio.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Headlines

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