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K-Bro Linen (TSX:KBL) Interest Expense : C$-11.0 Mil (TTM As of Dec. 2024)


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What is K-Bro Linen Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. K-Bro Linen's interest expense for the three months ended in Dec. 2024 was C$ -2.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-11.0 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. K-Bro Linen's Operating Income for the three months ended in Dec. 2024 was C$ 8.5 Mil. K-Bro Linen's Interest Expense for the three months ended in Dec. 2024 was C$ -2.9 Mil. K-Bro Linen's Interest Coverage for the quarter that ended in Dec. 2024 was 2.92. 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.

K-Bro Linen Interest Expense Historical Data

The historical data trend for K-Bro Linen'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.

* Premium members only.

K-Bro Linen Interest Expense Chart

K-Bro Linen Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.63 -2.96 -3.83 -6.30 -11.04

K-Bro Linen Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.38 -1.92 -2.88 -3.32 -2.91

K-Bro Linen 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.0 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.

K-Bro Linen  (TSX:KBL) 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.

K-Bro Linen's Interest Expense for the three months ended in Dec. 2024 was C$-2.9 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$8.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$166.7 Mil.

K-Bro Linen's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8.511/-2.914
=2.92

* 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.

K-Bro Linen Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » K-Bro Linen Inc (TSX:KBL) » Definitions » Interest Expense
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Traded in Other Exchanges
KBRLF:USA 74R:Germany
Address
14903-137 Avenue N.W., Edmonton, AB, CAN, T5V 1R9
Website
https://www.k-brolinen.com
K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.
Executives
Sean Philip Curtis Senior Officer
Linda Jane Mccurdy Director, Senior Officer
Ryo Utahara Senior Officer
K-bro Linen Inc. Issuer
Michael William Jones Senior Officer
Michael Barrett Percy Director
Jeffrey Ronald Gannon Senior Officer
Jerzy Marek Ostrzyzek Senior Officer
Steven Emanuel Matyas Director

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