Canandaigua National (Canandaigua National) Interest Expense : $-15.0 Mil (TTM As of Dec. 2018)

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What is Canandaigua National Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canandaigua National's interest expense for the six months ended in Dec. 2018 was $ -15.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was $-15.0 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. Canandaigua National's Operating Income for the six months ended in Dec. 2018 was $ Mil. Canandaigua National's Interest Expense for the six months ended in Dec. 2018 was $ Mil. 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.

Canandaigua National Interest Expense Historical Data

The historical data trend for Canandaigua National'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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Canandaigua National Interest Expense Chart

Canandaigua National Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

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-6.07

-6.99

-7.43

-10.09

-14.97

Canandaigua National Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Interest Expense	Get a 7-Day Free Trial											-6.07	-6.99	-7.43	-10.09	-14.97

Canandaigua National Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2018 was $-15.0 Mil.

Canandaigua National (Canandaigua National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canandaigua National Corp (OTCPK:CNND) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

72 South Main Street, Canandaigua, NY, USA, 14424

Website

https://www.cnbank.com

Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.

Executives

Joseph L Dugan	officer: Executive Vice President, other: Officer of subsidiaries	72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow	other: Officer of Subsidiary	72 S. MAIN ST., CANANDAIGUA NY 14424

Canandaigua National (Canandaigua National) Headlines

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