NFI Group (TSX:NFI) Interest Expense : C$-202 Mil (TTM As of Dec. 2024)

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What is NFI Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NFI Group's interest expense for the three months ended in Dec. 2024 was C$ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-202 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. NFI Group's Operating Income for the three months ended in Dec. 2024 was C$ 50 Mil. NFI Group's Interest Expense for the three months ended in Dec. 2024 was C$ -53 Mil. NFI Group's Interest Coverage for the quarter that ended in Dec. 2024 was 0.95. 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.

NFI Group Interest Expense Historical Data

The historical data trend for NFI Group'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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NFI Group Interest Expense Chart

NFI Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-84.78

-93.58

-123.72

-182.43

-208.90

NFI Group 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															-50.82	-52.28	-47.66	-48.73	-53.08

NFI Group 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$-202 Mil.

NFI Group (TSX:NFI) 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.

NFI Group's Interest Expense for the three months ended in Dec. 2024 was C$-53 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$1,631 Mil.

NFI Group'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	*	50.212	/	-53.08
	=	0.95

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

NFI Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NFI Group Inc (TSX:NFI) » Definitions » Interest Expense

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NFYEF:USA

Address

711 Kernaghan Avenue, Winnipeg, MB, CAN, R2C 3T4

Website

https://www.nfigroup.com

NFI Group Inc is a bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer(heavy-duty transit buses), Alexander Dennis Limited (ADL) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC Specialty Vehicles, LLC (ARBOC) (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). The Company has two reportable segments which are the Company's strategic business units: Manufacturing Operations and Aftermarket Operations. It generates majority revenue from Manufacturing Operations. Geographically, the company generates majority of its revenue from North America and rest from United Kingdom, Europe and Asia Pacific region.

Executives

Jannet Walker-ford	Director
Paulo Cezar Nunes	Director
Jason Michael Pellaers	Senior Officer
Brian Keith Dewsnup	Senior Officer
Phyllis Elaine Cochran	Director
Richard Paul Davies	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Wendy Wai Ting Kei	Director
Steven Allan Young	Senior Officer
Michael Gavin Stewart	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Colin Robertson	Director
Katherine S. Winter	Director
Paul Soubry	Senior Officer
Stephen King	Senior Officer
Pipasu Harish Soni	Senior Officer
Adam L. Gray	Director

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