Cascades (TSX:CAS) Interest Expense : C$-138 Mil (TTM As of Mar. 2025)

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What is Cascades Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cascades's interest expense for the three months ended in Mar. 2025 was C$ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was C$-138 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. Cascades's Operating Income for the three months ended in Mar. 2025 was C$ 52 Mil. Cascades's Interest Expense for the three months ended in Mar. 2025 was C$ -35 Mil. Cascades's Interest Coverage for the quarter that ended in Mar. 2025 was 1.49. 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.

Cascades Interest Expense Historical Data

The historical data trend for Cascades'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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Cascades Interest Expense Chart

Cascades Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-98.00

-86.00

-77.00

-124.00

-138.00

Cascades Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-35.00	-35.00	-35.00	-33.00	-35.00

Cascades 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-138 Mil.

Cascades (TSX:CAS) 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.

Cascades's Interest Expense for the three months ended in Mar. 2025 was C$-35 Mil. Its Operating Income for the three months ended in Mar. 2025 was C$52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was C$1,873 Mil.

Cascades's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	52	/	-35
	=	1.49

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

Cascades Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cascades Inc (TSX:CAS) » Definitions » Interest Expense

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Traded in Other Exchanges

CADNF:USA

Address

404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0

Website

https://www.cascades.com

Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into three main business segments; Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. A majority of its revenue is generated from the Containerboard segment. Geographically, the company derives maximum revenue from the United States and the rest from Canada.

Executives

Nelson Gentiletti	Director
Allan Hogg	Senior Officer
Hugues Simon	Director, Senior Officer
Robert F. Hall	Senior Officer
Luc Langevin	Senior Officer
Alain Lemaire	Director, Senior Officer
Maryse Fernet	Senior Officer
Mélanie Dunn	Director
Mario Plourde	Director, Senior Officer
Hubert T. Lacroix	Director
Elif Lévesque	Director
Élise Pelletier	Director
Laurent Lemaire	10% Security Holder
Léon Marineau	Senior Officer
Hugo D'amours	Senior Officer

Cascades Headlines

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