SSC Security Services (SSC Security Services) Interest Expense : $-0.12 Mil (TTM As of Dec. 2023)

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What is SSC Security Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SSC Security Services's interest expense for the three months ended in Dec. 2023 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.12 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. SSC Security Services's Operating Income for the three months ended in Dec. 2023 was $ -0.09 Mil. SSC Security Services's Interest Expense for the three months ended in Dec. 2023 was $ -0.04 Mil. SSC Security Services 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.

SSC Security Services Interest Expense Historical Data

The historical data trend for SSC Security Services'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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SSC Security Services Interest Expense Chart

SSC Security Services Annual Data

Trend

Mar14

Mar15

Mar16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.78

-0.52

-0.19

-0.04

-0.11

SSC Security Services 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															-0.03	-0.03	-0.03	-0.03	-0.04

SSC Security Services 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 $-0.12 Mil.

SSC Security Services (OTCPK:SECUF) 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.

SSC Security Services's Interest Expense for the three months ended in Dec. 2023 was $-0.04 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.67 Mil.

SSC Security Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

SSC Security Services did not have earnings to cover the interest expense.

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

SSC Security Services (SSC Security Services) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SSC Security Services Corp (OTCPK:SECUF) » Definitions » Interest Expense

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SECU:Canada

Address

1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6

Website

https://www.securityservicescorp.ca

SSC Security Services Corp is a leading provider of physical and cyber security services to corporate and public sector clients across Canada.

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