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Zedcor (TSXV:ZDC) Interest Expense : C$-1.87 Mil (TTM As of Sep. 2024)


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What is Zedcor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zedcor's interest expense for the three months ended in Sep. 2024 was C$ -0.39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-1.87 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. Zedcor's Operating Income for the three months ended in Sep. 2024 was C$ 1.09 Mil. Zedcor's Interest Expense for the three months ended in Sep. 2024 was C$ -0.39 Mil. Zedcor's Interest Coverage for the quarter that ended in Sep. 2024 was 2.79. 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.

Zedcor Interest Expense Historical Data

The historical data trend for Zedcor'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.

Zedcor Interest Expense Chart

Zedcor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.03 -3.45 -3.14 -1.03 -1.53

Zedcor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only -0.43 -0.45 -0.51 -0.51 -0.39

Zedcor 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.87 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.

Zedcor  (TSXV:ZDC) 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.

Zedcor's Interest Expense for the three months ended in Sep. 2024 was C$-0.39 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$1.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$16.60 Mil.

Zedcor's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1.091/-0.391
=2.79

* 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.

Zedcor Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zedcor Inc (TSXV:ZDC) » Definitions » Interest Expense
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Traded in Other Exchanges
CRFQF:USA
Address
151 Canada Olympic Road SW, Suite 300, Calgary, AB, CAN, T3B 6B7
Website
https://www.zedcor.ca
Zedcor Inc is engaged in providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The company operates in one segment namely, Security & Surveillance. The firm offers three main services to customers across all market segments such as surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations; and security personnel.
Executives
Kyle Jay Cammann Doenz Senior Officer
Antonio Ciarla Senior Officer
Dean Sylvan Swanberg 10% Security Holder, Director, Senior Officer
Jan Marie Campbell Senior Officer
James Joseph Leganchuk Senior Officer
Todd Ziniuk Senior Officer
Amin Nazamuddin Ladha Senior Officer
Dean Myles Shillington Director
Brian Desmond Mcgill Director
Wade Robert Arthur Felesky Director

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