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Canada Global (TR) (XTAE:CNGL) Interest Expense : ₪-0.01 Mil (TTM As of Dec. 2023)


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What is Canada Global (TR) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canada Global (TR)'s interest expense for the six months ended in Dec. 2023 was ₪ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-0.01 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. Canada Global (TR)'s Operating Income for the six months ended in Dec. 2023 was ₪ -1.39 Mil. Canada Global (TR)'s Interest Expense for the six months ended in Dec. 2023 was ₪ -0.01 Mil. Canada Global (TR) 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.

Canada Global (TR) Interest Expense Historical Data

The historical data trend for Canada Global (TR)'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.

Canada Global (TR) Interest Expense Chart

Canada Global (TR) 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 -10.08 -3.16 -2.53 - -0.01

Canada Global (TR) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.19 - - - -0.01

Canada Global (TR) 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₪-0.01 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.

Canada Global (TR)  (XTAE:CNGL) 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.

Canada Global (TR)'s Interest Expense for the six months ended in Dec. 2023 was ₪-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₪-1.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₪0.00 Mil.

Canada Global (TR)'s Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Canada Global (TR) 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.

Canada Global (TR) (XTAE:CNGL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Canada Global (TR) Ltd (XTAE:CNGL) » Definitions » Interest Expense
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XTAE:LSCO XTAE:LUDN XTAE:BRAN XTAE:YAAC XTAE:ORON XTAE:ELMR XTAE:LUZN XTAE:ELWS XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260 XPAR:EN SHSE:601669
Traded in Other Exchanges
N/A
Address
2 Hanofim, Herzliya, ISR, 4672553
Website
http://www.avivarlon.com
Canada Global (TR) Ltd provides a range of engineering solutions for residential, commercial, and public building projects as well as for various infrastructures in Israel. Its activities include initiating, acquiring, planning, constructing, and marketing projects.