Trenchant Capital (XCNQ:TCC) Interest Expense : C$-0.13 Mil (TTM As of Dec. 2023)

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What is Trenchant Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trenchant Capital's interest expense for the three months ended in Dec. 2023 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.13 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. Trenchant Capital's Operating Income for the three months ended in Dec. 2023 was C$ -0.35 Mil. Trenchant Capital's Interest Expense for the three months ended in Dec. 2023 was C$ -0.00 Mil. Trenchant Capital 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.

Trenchant Capital Interest Expense Historical Data

The historical data trend for Trenchant Capital'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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Trenchant Capital Interest Expense Chart

Trenchant Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-1.52

-1.84

-1.89

-1.94

-0.92

Trenchant Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.25	-0.12	-	-	-

Trenchant Capital 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.13 Mil.

Trenchant Capital (XCNQ:TCC) 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.

Trenchant Capital's Interest Expense for the three months ended in Dec. 2023 was C$-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.12 Mil.

Trenchant Capital's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Trenchant Capital did not have earnings to cover the interest expense.

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

Trenchant Capital (XCNQ:TCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trenchant Capital Corp (XCNQ:TCC) » Definitions » Interest Expense

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TRNHF:USA

Address

1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9

Website

https://www.trenchantcapital.net

Trenchant Capital Corp is a Canada-based investment issuer. The company is in the business of providing special situation debt financing to private equity firms. It derives revenue from interest sources.

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