Canadian Banc (TSX:BK.PR.A.PFD) Interest Expense : C$0.00 Mil (TTM As of Nov. 2023)

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What is Canadian Banc Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canadian Banc's interest expense for the six months ended in Nov. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was C$0.00 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. Canadian Banc's Operating Income for the six months ended in Nov. 2023 was C$ Mil. Canadian Banc's Interest Expense for the six months ended in Nov. 2023 was C$ 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.

Canadian Banc Interest Expense Historical Data

The historical data trend for Canadian Banc'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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Canadian Banc Interest Expense Chart

Canadian Banc Annual Data

Trend

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Interest Expense

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Canadian Banc Semi-Annual Data
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Canadian Banc 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Canadian Banc (TSX:BK.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Banc Corp (TSX:BK.PR.A.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

CNDCF:USA BK:Canada

Address

200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.

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