GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Automotive Finco Corp (TSXV:AFCC.H) » Definitions » Interest Expense

Automotive Finco (TSXV:AFCC.H) Interest Expense : C$0.00 Mil (TTM As of Mar. 2025)


View and export this data going back to 1986. Start your Free Trial

What is Automotive Finco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Automotive Finco's interest expense for the three months ended in Mar. 2025 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was C$0.00 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. Automotive Finco's Operating Income for the three months ended in Mar. 2025 was C$ 0.51 Mil. Automotive Finco's Interest Expense for the three months ended in Mar. 2025 was C$ 0.00 Mil. Automotive Finco has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Automotive Finco Interest Expense Historical Data

The historical data trend for Automotive Finco'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.

Automotive Finco Interest Expense Chart

Automotive Finco Annual Data
Trend Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Automotive Finco Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Automotive Finco 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Automotive Finco  (TSXV:AFCC.H) 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.

Automotive Finco's Interest Expense for the three months ended in Mar. 2025 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2025 was C$0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was C$0.00 Mil.

Automotive Finco's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Automotive Finco had no long-term debt (1).

* 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:

Automotive Finco Corp has no debt.


Automotive Finco Business Description

Traded in Other Exchanges
Address
222 Bay Street, Suite 3000, Toronto, ON, CAN, M5K 1E7
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.

Automotive Finco Headlines

No Headlines