CDNAF (Canadian Tire) Interest Expense: $-240 Mil (TTM As of Mar. 2026)

What is Canadian Tire Interest Expense?

Canadian Tire CDNAF 72 Interest Expense is $-240 Mil as of Mar. 2026. GuruFocus rates CDNAF with a GF Score™ of 72/100 and a GF Value™ of $120.37 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canadian Tire's interest expense for the three months ended in Mar. 2026 was $ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-240 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. Canadian Tire's Operating Income for the three months ended in Mar. 2026 was $ 185 Mil. Canadian Tire's Interest Expense for the three months ended in Mar. 2026 was $ -60 Mil. Canadian Tire's Interest Coverage for the quarter that ended in Mar. 2026 was 3.11. 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.

Canadian Tire (OTCPK:CDNAF) 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.

Canadian Tire's Interest Expense for the three months ended in Mar. 2026 was $-60 Mil. Its Operating Income for the three months ended in Mar. 2026 was $185 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $4,088 Mil.

Canadian Tire's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	185.35	/	-59.694
	=	3.11

* 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.

Canadian Tire Interest Expense Historical Data

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The historical data trend for Canadian Tire's Interest Expense can be seen below:

Canadian Tire Interest Expense Chart

Canadian Tire Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-184.53

-185.43

-269.31

-269.95

-239.00

Canadian Tire Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-56.77	-60.14	-58.70	-61.47	-59.69

72GF Score

Canadian Tire Corp Ltd CDNAF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Canadian Tire 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-240 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-240 Mil mean?

Canadian Tire (CDNAF) has a Interest Expense of $-240 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Canadian Tire and its competitors.

Is Canadian Tire's Interest Expense too high?

Canadian Tire's current Interest Expense is $-240 Mil. Overall, Canadian Tire has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Canadian Tire's Interest Expense compare to CASY and WSM?

Canadian Tire's Interest Expense of $-240 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Retail - Cyclical company?

A good Interest Expense depends on the Retail - Cyclical industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Canadian Tire and its competitors. Canadian Tire's current Interest Expense is $-240 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Canadian Tire stock overvalued right now?

Based on GuruFocus' analysis, Canadian Tire (CDNAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $120.37, compared to a current price of $137.61 — trading 14.3% above its estimated fair value. The current Interest Expense is $-240 Mil. Canadian Tire's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Canadian Tire (CDNAF), the current Interest Expense is $-240 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Tire (CDNAF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $137.61 is trading 14.3% above its estimated GF Value™ of $120.37. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNAF:

Interest Expense: $-240 Mil
GF Value™: $120.37 vs. price of $137.61 (14.3% above fair value)
GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the CDNAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Canadian Tire Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSX:LNF TSX:PET TSX:KITS TSX:GBT TSXV:AWI TSXV:RUM TSX:ATD CASY WSM DKS ULTA BBY TSCO SHSE:601888 ADX:ADNOCDIST TPE:3045 FIVE GME MUSA XSWX:AVOL

Other Exchanges CDNTF:USA YAAA:Germany CTC.A:Canada CTC:Canada

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website https://www.corp.canadiantire.ca

Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.

72GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$137.61

Price

$120.37

GF Value

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