Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Interest Expense : $-41 Mil (TTM As of Dec. 2023)

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What is Chemtrade Logisticsome Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chemtrade Logisticsome Fund's interest expense for the three months ended in Dec. 2023 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-41 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. Chemtrade Logisticsome Fund's Operating Income for the three months ended in Dec. 2023 was $ 17 Mil. Chemtrade Logisticsome Fund's Interest Expense for the three months ended in Dec. 2023 was $ -9 Mil. Chemtrade Logisticsome Fund's Interest Coverage for the quarter that ended in Dec. 2023 was 1.96. 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.

Chemtrade Logisticsome Fund Interest Expense Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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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Chemtrade Logisticsome Fund Interest Expense Chart

Chemtrade Logisticsome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-59.86

-62.33

-58.74

-46.27

-41.78

Chemtrade Logisticsome Fund 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															-11.32	-10.96	-11.95	-9.61	-8.58

Chemtrade Logisticsome Fund 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 $-41 Mil.

Chemtrade Logisticsome Fund (OTCPK:CGIFF) 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.

Chemtrade Logisticsome Fund's Interest Expense for the three months ended in Dec. 2023 was $-9 Mil. Its Operating Income for the three months ended in Dec. 2023 was $17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $607 Mil.

Chemtrade Logisticsome Fund's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	16.828	/	-8.581
	=	1.96

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

Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtrade Logistics Income Fund (OTCPK:CGIFF) » Definitions » Interest Expense

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CHE.UN:Canada

Address

155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5

Website

https://www.chemtradelogistics.com

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.