TMTNF (Toromont Industries) Interest Expense: $-27 Mil (TTM As of Mar. 2026)


TMTNF Toromont Industries Ltd TMTNF
89 GF Score
Price $157.76
GF Value $101.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Toromont Industries Interest Expense?

Toromont Industries TMTNF -3.03% 89 Interest Expense is $-27 Mil as of Mar. 2026. GuruFocus rates TMTNF with a GF Score™ of 89/100 and a GF Value™ of $101.36 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toromont Industries's interest expense for the three months ended in Mar. 2026 was $ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-27 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. Toromont Industries's Operating Income for the three months ended in Mar. 2026 was $ 104 Mil. Toromont Industries's Interest Expense for the three months ended in Mar. 2026 was $ -7 Mil. Toromont Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 16.03. 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.

Toromont Industries  (OTCPK:TMTNF) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Toromont Industries's Interest Expense for the three months ended in Mar. 2026 was $-7 Mil. Its Operating Income for the three months ended in Mar. 2026 was $104 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $616 Mil.

Toromont Industries'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*104.249/-6.505
=16.03

* 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.

Toromont Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Toromont Industries'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.

Toromont Industries Interest Expense Chart

Toromont Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.00 -20.12 -20.94 -20.11 -25.66

Toromont Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.19 -7.23 -6.63 -6.45 -6.51
TMTNF
89GF Score
Toromont Industries Ltd TMTNF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Toromont Industries 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 $-27 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-27 Mil mean?
Toromont Industries (TMTNF) has a Interest Expense of $-27 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Toromont Industries and its competitors.
Is Toromont Industries' Interest Expense too high?
Toromont Industries' current Interest Expense is $-27 Mil. Overall, Toromont Industries has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toromont Industries' Interest Expense compare to GWW and FAST?
Toromont Industries' Interest Expense of $-27 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Interest Expense depends on the Industrial Distribution 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 Toromont Industries and its competitors. Toromont Industries's current Interest Expense is $-27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toromont Industries stock overvalued right now?
Based on GuruFocus' analysis, Toromont Industries (TMTNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $101.36, compared to a current price of $157.76 — trading 55.6% above its estimated fair value. The current Interest Expense is $-27 Mil. Toromont Industries' overall GF Score™ is 89/100 with 6 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 Toromont Industries (TMTNF), the current Interest Expense is $-27 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 Toromont Industries (TMTNF) Overvalued in 2026?

Based on GuruFocus' analysis, Toromont Industries stock appears to be overvalued. The current stock price of $157.76 is trading 55.6% above its estimated GF Value™ of $101.36. GuruFocus considers Toromont Industries to be Significantly Overvalued.

Key valuation signals for TMTNF:

  • Interest Expense: $-27 Mil
  • GF Value™: $101.36 vs. price of $157.76 (55.6% above fair value)
  • GF Score™: 89/100 with 6 warning signs

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

Toromont Industries Business Description

Address 3131 Highway 7 West, P.O. Box 5511, Executive Offices, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition, and waste management. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America and other regions.
89GF Score

Get the complete analysis for TMTNF

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

$157.76
Price
$101.36
GF Value