Andlauer Healthcare Group (TSX:AND) Interest Expense : C$-7.9 Mil (TTM As of Mar. 2024)

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What is Andlauer Healthcare Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Andlauer Healthcare Group's interest expense for the three months ended in Mar. 2024 was C$ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-7.9 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. Andlauer Healthcare Group's Operating Income for the three months ended in Mar. 2024 was C$ 21.2 Mil. Andlauer Healthcare Group's Interest Expense for the three months ended in Mar. 2024 was C$ -1.6 Mil. Andlauer Healthcare Group's Interest Coverage for the quarter that ended in Mar. 2024 was 13.45. 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.

Andlauer Healthcare Group Interest Expense Historical Data

The historical data trend for Andlauer Healthcare 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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Andlauer Healthcare Group Interest Expense Chart

Andlauer Healthcare Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.50

-4.60

-6.22

-6.86

-8.21

Andlauer Healthcare Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.93	-1.91	-1.89	-2.48	-1.58

Andlauer Healthcare 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.9 Mil.

Andlauer Healthcare Group (TSX:AND) 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.

Andlauer Healthcare Group's Interest Expense for the three months ended in Mar. 2024 was C$-1.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$21.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$72.3 Mil.

Andlauer Healthcare Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	21.243	/	-1.579
	=	13.45

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

Andlauer Healthcare Group (TSX:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Andlauer Healthcare Group Inc (TSX:AND) » Definitions » Interest Expense

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Traded in Other Exchanges

3LT:Germany

Address

100 Vaughan Valley Boulevard, Vaughan, ON, CAN, L4H 3C5

Website

https://www.andlauerhealthcare.com

Andlauer Healthcare Group Inc is an investment holding company. It operates in two segments namely Specialized Transportation and Healthcare Logistics. The company generates maximum revenue from the Specialized Transportation segment. Its Specialized Transportation segment provides specialized temperature controlled services to healthcare customers. The company's transportation products include ground transportation, air freight forwarding, and dedicated and last mile delivery. The Healthcare Logistics segment provides contract logistics services for customers, including logistics and distribution, and packaging.

Andlauer Healthcare Group (TSX:AND) Headlines

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