Capstone Infrastructure (TSX:CSE.PR.A.PFD) Interest Expense : C$-36.26 Mil (TTM As of Dec. 2020)

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What is Capstone Infrastructure Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Capstone Infrastructure's interest expense for the three months ended in Dec. 2020 was C$ -9.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was C$-36.26 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. Capstone Infrastructure's Operating Income for the three months ended in Dec. 2020 was C$ 16.01 Mil. Capstone Infrastructure's Interest Expense for the three months ended in Dec. 2020 was C$ -9.37 Mil. Capstone Infrastructure's Interest Coverage for the quarter that ended in Dec. 2020 was 1.71. 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.

Capstone Infrastructure Interest Expense Historical Data

The historical data trend for Capstone Infrastructure'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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Capstone Infrastructure Interest Expense Chart

Capstone Infrastructure Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-34.48

-36.67

-38.80

-37.68

-36.26

Capstone Infrastructure Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Interest Expense	Get a 7-Day Free Trial															-9.32	-9.21	-8.68	-9.01	-9.37

Capstone Infrastructure 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-36.26 Mil.

Capstone Infrastructure (TSX:CSE.PR.A.PFD) 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.

Capstone Infrastructure's Interest Expense for the three months ended in Dec. 2020 was C$-9.37 Mil. Its Operating Income for the three months ended in Dec. 2020 was C$16.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2020 was C$642.07 Mil.

Capstone Infrastructure's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2020 )	/	Interest Expense (Q: Dec. 2020 )
	=	-1	*	16.007	/	-9.366
	=	1.71

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Capstone Infrastructure Corp interest coverage is 1.14, which is low.

Capstone Infrastructure (TSX:CSE.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Capstone Infrastructure Corp (TSX:CSE.PR.A.PFD) » Definitions » Interest Expense

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Address

155 Wellington Street West, Suite 2930, Toronto, ON, CAN, M5V 3H1

Website

https://www.capstoneinfrastructure.com

Capstone Infrastructure Corp is a Canada based power producer, focused on providing energy. It is engaged in the development and operation of thermal and renewable power generation facilities in Canada. The company operates in the Power segment. The operating facilities produce electricity from wind, solar, biomass, natural gas, and hydrological resources. The company operates in Canada and United States.

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