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Kinder Morgan Canada (TSX:KML.PR.C.PFD) Interest Expense : C$-0.60 Mil (TTM As of Sep. 2019)


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What is Kinder Morgan Canada Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kinder Morgan Canada's interest expense for the three months ended in Sep. 2019 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was C$-0.60 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. Kinder Morgan Canada's Operating Income for the three months ended in Sep. 2019 was C$ 24.10 Mil. Kinder Morgan Canada's Interest Expense for the three months ended in Sep. 2019 was C$ 0.00 Mil. GuruFocus does not calculate Kinder Morgan Canada's interest coverage with the available data. 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.


Kinder Morgan Canada Interest Expense Historical Data

The historical data trend for Kinder Morgan Canada'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.

Kinder Morgan Canada Interest Expense Chart

Kinder Morgan Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
-63.05 -42.50 -21.30 -11.30 -2.50

Kinder Morgan Canada Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - -0.60 -

Kinder Morgan Canada 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.60 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.


Kinder Morgan Canada  (TSX:KML.PR.C.PFD) 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.

Kinder Morgan Canada's Interest Expense for the three months ended in Sep. 2019 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2019 was C$24.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was C$493.30 Mil.

Kinder Morgan Canada's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

GuruFocus does not calculate Kinder Morgan Canada's interest coverage with the available data.

* 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.


Kinder Morgan Canada (TSX:KML.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
300 - 5th Avenue S.W., Suite 2700, Calgary, AB, CAN, T2P 5J2
Kinder Morgan Canada Ltd operates as an integrated network of pipeline systems and terminal facilities in Canada. The business activities are carried out through two segments namely Pipelines and Terminals. The Pipelines business unit is composed of the Trans Mountain pipeline system, the Canadian portion of the Cochin pipeline system, the Puget Sound pipeline system, and the Jet Fuel pipeline system. The Terminals business unit is composed of the Vancouver Wharves terminal in British Columbia and numerous terminals in Edmonton, Alberta. Geographically the business presence of the firm is spread across the US and Canada.

Kinder Morgan Canada (TSX:KML.PR.C.PFD) Headlines

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