Transcontinental (TSX:TCL.A) Interest Expense : C$-57 Mil (TTM As of Jan. 2024)

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What is Transcontinental Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transcontinental's interest expense for the three months ended in Jan. 2024 was C$ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-57 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. Transcontinental's Operating Income for the three months ended in Jan. 2024 was C$ 41 Mil. Transcontinental's Interest Expense for the three months ended in Jan. 2024 was C$ -13 Mil. Transcontinental's Interest Coverage for the quarter that ended in Jan. 2024 was 3.17. 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.

Transcontinental Interest Expense Historical Data

The historical data trend for Transcontinental'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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Transcontinental Interest Expense Chart

Transcontinental Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Interest Expense

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-63.30

-49.60

-40.90

-38.30

-58.40

Transcontinental Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-14.20	-15.30	-15.20	-13.70	-13.00

Transcontinental 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-57 Mil.

Transcontinental (TSX:TCL.A) 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.

Transcontinental's Interest Expense for the three months ended in Jan. 2024 was C$-13 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$944 Mil.

Transcontinental's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	41.2	/	-13
	=	3.17

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

Transcontinental (TSX:TCL.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (TSX:TCL.A) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TCLCF:USA TCLAF:USA TCL.B:Canada

Address

1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1

Website

https://tctranscontinental.com

Transcontinental Inc or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. The smaller other segment focuses on the media sector, which generates revenue from print and digital publishing products.

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