Shaw Communications (Shaw Communications) Interest Expense : $-205 Mil (TTM As of Nov. 2022)

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What is Shaw Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shaw Communications's interest expense for the three months ended in Nov. 2022 was $ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2022 was $-205 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. Shaw Communications's Operating Income for the three months ended in Nov. 2022 was $ 227 Mil. Shaw Communications's Interest Expense for the three months ended in Nov. 2022 was $ -50 Mil. Shaw Communications's Interest Coverage for the quarter that ended in Nov. 2022 was 4.57. 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.

Shaw Communications Interest Expense Historical Data

The historical data trend for Shaw Communications'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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Shaw Communications Interest Expense Chart

Shaw Communications Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Interest Expense

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-194.76

-216.23

-212.41

-213.51

-205.16

Shaw Communications Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22
Interest Expense	Get a 7-Day Free Trial															-52.52	-51.14	-52.88	-51.10	-49.79

Shaw Communications 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-205 Mil.

Shaw Communications (NYSE:SJR) 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.

Shaw Communications's Interest Expense for the three months ended in Nov. 2022 was $-50 Mil. Its Operating Income for the three months ended in Nov. 2022 was $227 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2022 was $3,747 Mil.

Shaw Communications's Interest Coverage for the quarter that ended in Nov. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Nov. 2022 )	/	Interest Expense (Q: Nov. 2022 )
	=	-1	*	227.391	/	-49.788
	=	4.57

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

Shaw Communications (Shaw Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Shaw Communications Inc (NYSE:SJR) » Definitions » Interest Expense

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Address

630 - 3rd Avenue S.W., Suite 900, Finance Department, Calgary, AB, CAN, T2P 4L4

Website

https://www.shaw.ca

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw now also offers wireless service over most of Canada's population footprint after acquiring Wind Mobile in 2016. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.