Union Gas (TSX:UNG.PR.D.PFD) Interest Expense : C$ Mil (TTM As of . 20)

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What is Union Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Union Gas's interest expense for the three months ended in . 20 was C$ 0.00 Mil. Union Gas does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Union Gas's Operating Income for the three months ended in . 20 was C$ 0.00 Mil. Union Gas's Interest Expense for the three months ended in . 20 was C$ 0.00 Mil. Union Gas 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.

Union Gas Interest Expense Historical Data

The historical data trend for Union Gas'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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Union Gas Interest Expense Chart

Union Gas Annual Data

Trend

Interest Expense

Union Gas Quarterly Data

Interest Expense

Union Gas Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Union Gas (TSX:UNG.PR.D.PFD) 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.

Union Gas's Interest Expense for the three months ended in . 20 was C$0.00 Mil. Its Operating Income for the three months ended in . 20 was C$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was C$0.00 Mil.

Union Gas's Interest Coverage for the quarter that ended in . 20 is calculated as

Union Gas had no long-term debt ⁽¹⁾.

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

Union Gas (TSX:UNG.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

50 Keil Drive North, Chatham, ON, CAN, N7M 5M1

Website

http://www.uniongas.com

Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

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