Savanna Capital (TSXV:SAC.P) Interest Expense : C$-0.00 Mil (TTM As of Jun. 2024)

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What is Savanna Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Savanna Capital's interest expense for the three months ended in Jun. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 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. Savanna Capital's Operating Income for the three months ended in Jun. 2024 was C$ -0.01 Mil. Savanna Capital's Interest Expense for the three months ended in Jun. 2024 was C$ -0.00 Mil. Savanna Capital did not have earnings to cover the interest expense. 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.

Savanna Capital Interest Expense Historical Data

The historical data trend for Savanna Capital'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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Savanna Capital Interest Expense Chart

Savanna Capital Annual Data

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Interest Expense

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Savanna Capital Quarterly Data
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Savanna Capital 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 Mil.

Savanna Capital (TSXV:SAC.P) 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.

Savanna Capital's Interest Expense for the three months ended in Jun. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$0.00 Mil.

Savanna Capital's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Savanna Capital did not have earnings to cover the interest expense.

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

Savanna Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Savanna Capital Corp (TSXV:SAC.P) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

Savanna Capital Corp is a capital pool company. The Company's activities have focused on identifying a business or asset to acquire in a qualifying transaction.

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