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Urban Infrastructure Group (TSXV:UIG) Interest Expense : C$-0.04 Mil (TTM As of Dec. 2024)


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What is Urban Infrastructure Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Urban Infrastructure Group's interest expense for the three months ended in Dec. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.04 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. Urban Infrastructure Group's Operating Income for the three months ended in Dec. 2024 was C$ -0.28 Mil. Urban Infrastructure Group's Interest Expense for the three months ended in Dec. 2024 was C$ -0.01 Mil. Urban Infrastructure Group 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.


Urban Infrastructure Group Interest Expense Historical Data

The historical data trend for Urban Infrastructure 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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Urban Infrastructure Group Interest Expense Chart

Urban Infrastructure Group Annual Data
Trend Sep23 Sep24
Interest Expense
-0.04 -0.04

Urban Infrastructure Group Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial -0.01 -0.01 -0.01 -0.01 -0.01

Urban Infrastructure 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$-0.04 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.


Urban Infrastructure Group  (TSXV:UIG) 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.

Urban Infrastructure Group's Interest Expense for the three months ended in Dec. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$0.17 Mil.

Urban Infrastructure Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Urban Infrastructure Group did not have earnings to cover the interest expense.

* 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.


Urban Infrastructure Group Business Description

Traded in Other Exchanges
N/A
Address
106 East Drive, 2nd Floor, Brampton, ON, CAN, L6T 1C1
Urban Infrastructure Group Inc is a construction company focused on the concrete and drain sector for new low-rise construction in the Southern Ontario region. It has worked with some of the home builders in Canada, specializing in Concrete and drain work for the residential housing sector and Construction of underground services for residential subdivisions. The services that Urban provides include the installation of drainage systems and laying strong, foundations for homes across and beyond the Greater Toronto Area. The company has serviced areas with bourgeoning communities, including Brampton, Caledon, Oshawa, Kitchener, Whitby, and Pickering.

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