Commerce Split (TSX:YCM.PR.A.PFD) Interest Expense : C$0.00 Mil (TTM As of Nov. 2023)

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What is Commerce Split Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Commerce Split's interest expense for the six months ended in Nov. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was C$0.00 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. Commerce Split's Operating Income for the six months ended in Nov. 2023 was C$ Mil. Commerce Split's Interest Expense for the six months ended in Nov. 2023 was C$ Mil. 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.

Commerce Split Interest Expense Historical Data

The historical data trend for Commerce Split'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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Commerce Split Interest Expense Chart

Commerce Split Annual Data

Trend

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Interest Expense

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Commerce Split Semi-Annual Data
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Commerce Split 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Commerce Split (TSX:YCM.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Commerce Split Corp (TSX:YCM.PR.A.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

YCM.PR.B.PFD:Canada YCM:Canada

Address

77 King Street West, P.O. Box 341, Suite 4500, Royal Trust Tower, Toronto, ON, CAN, M5K 1K7

Website

https://www.quadravest.com

Commerce Split Corp is a mutual fund company. It invests in common shares of Canadian imperial bank of commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.

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