SWMBRD Sports (XCNQ:SWIM) Interest Expense: C$0.00 Mil (TTM As of Nov. 2023)

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What is SWMBRD Sports Interest Expense?

SWMBRD Sports XCNQ:SWIM Interest Expense is C$0.00 Mil as of Nov. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SWMBRD Sports's interest expense for the three 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. SWMBRD Sports's Operating Income for the three months ended in Nov. 2023 was C$ -0.26 Mil. SWMBRD Sports's Interest Expense for the three months ended in Nov. 2023 was C$ 0.00 Mil. SWMBRD Sports has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

SWMBRD Sports  (XCNQ:SWIM) 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.

SWMBRD Sports's Interest Expense for the three months ended in Nov. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2023 was C$-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was C$0.00 Mil.

SWMBRD Sports's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

SWMBRD Sports had no long-term debt (1).

* 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.

SWMBRD Sports Interest Expense Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports Interest Expense Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
Interest Expense
0.00 0.00 0.00

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SWMBRD Sports 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 quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of C$0.00 Mil mean?
SWMBRD Sports (XCNQ:SWIM) has a Interest Expense of C$0.00 Mil as of Nov. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on SWMBRD Sports and its competitors.
Is SWMBRD Sports' Interest Expense too high?
SWMBRD Sports' current Interest Expense is C$0.00 Mil.
How does SWMBRD Sports' Interest Expense compare to MAT and HAS?
SWMBRD Sports' Interest Expense of C$0.00 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on SWMBRD Sports and its competitors. SWMBRD Sports's current Interest Expense is C$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current Interest Expense of C$0.00 Mil. The current Interest Expense is C$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current Interest Expense is C$0.00 Mil as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.