Canfor Pulp Products (TSX:CFX) Interest Expense : C$-14.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Canfor Pulp Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canfor Pulp Products's interest expense for the three months ended in Mar. 2024 was C$ -4.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-14.3 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. Canfor Pulp Products's Operating Income for the three months ended in Mar. 2024 was C$ -15.7 Mil. Canfor Pulp Products's Interest Expense for the three months ended in Mar. 2024 was C$ -4.2 Mil. Canfor Pulp Products 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.

Canfor Pulp Products Interest Expense Historical Data

The historical data trend for Canfor Pulp Products'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.

Canfor Pulp Products Interest Expense Chart

Canfor Pulp Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-6.30

-5.30

-4.80

-7.00

-12.60

Canfor Pulp Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-2.50	-3.80	-3.30	-3.00	-4.20

Canfor Pulp Products 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-14.3 Mil.

Canfor Pulp Products (TSX:CFX) 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.

Canfor Pulp Products's Interest Expense for the three months ended in Mar. 2024 was C$-4.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-15.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$1.5 Mil.

Canfor Pulp Products's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Canfor Pulp Products did not have earnings to cover the interest expense.

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

Canfor Pulp Products (TSX:CFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Pulp Products Inc (TSX:CFX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CFPUF:USA 8CP:Germany

Address

100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2

Website

https://www.canfor.com

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates Majority of the revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Majority of Canfor Pulp's revenue comes from Asia. The majority of the company's shares are owned by Canfor Corporation.

Canfor Pulp Products (TSX:CFX) Headlines

No Headlines