IBI Group (IBI Group) Interest Expense : $-6.0 Mil (TTM As of Jun. 2022)

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What is IBI Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IBI Group's interest expense for the three months ended in Jun. 2022 was $ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-6.0 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. IBI Group's Operating Income for the three months ended in Jun. 2022 was $ 11.8 Mil. IBI Group's Interest Expense for the three months ended in Jun. 2022 was $ -1.4 Mil. IBI Group's Interest Coverage for the quarter that ended in Jun. 2022 was 8.35. 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.

IBI Group Interest Expense Historical Data

The historical data trend for IBI Group'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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IBI Group Interest Expense Chart

IBI Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-8.09

-8.14

-9.71

-11.86

-6.42

IBI Group Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Expense	Get a 7-Day Free Trial															-1.71	-1.56	-1.65	-1.40	-1.41

IBI Group 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.0 Mil.

IBI Group (OTCPK:IBIBF) 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.

IBI Group's Interest Expense for the three months ended in Jun. 2022 was $-1.4 Mil. Its Operating Income for the three months ended in Jun. 2022 was $11.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $84.4 Mil.

IBI Group's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2022 )	/	Interest Expense (Q: Jun. 2022 )
	=	-1	*	11.791	/	-1.412
	=	8.35

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

IBI Group (IBI Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IBI Group Inc (OTCPK:IBIBF) » Definitions » Interest Expense

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Address

55 St. Clair Avenue West, 7th Floor, Toronto, ON, CAN, M4V 2Y7

Website

https://www.ibigroup.com

IBI Group Inc is a Canada-based engineering services provider. The company plans, designs, implements, as well as offers other consulting services and software development for its intelligence, buildings, and infrastructure business segments. It offers various services, including architecture, engineering, interiors, landscape architecture, planning, and urban design. Its geographical segments are Canada, the United States, the United Kingdom, and other International.