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Chicane Capital I (TSXV:CCIC.P) Interest Expense : C$0.00 Mil (TTM As of Feb. 2024)


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What is Chicane Capital I Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chicane Capital I's interest expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 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. Chicane Capital I's Operating Income for the three months ended in Feb. 2024 was C$ -0.02 Mil. Chicane Capital I's Interest Expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Chicane Capital I 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.


Chicane Capital I Interest Expense Historical Data

The historical data trend for Chicane Capital I'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.

Chicane Capital I Interest Expense Chart

Chicane Capital I Annual Data
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Chicane Capital I Quarterly Data
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Chicane Capital I 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 Feb. 2024 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.


Chicane Capital I  (TSXV:CCIC.P) 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.

Chicane Capital I's Interest Expense for the three months ended in Feb. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

Chicane Capital I's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Chicane Capital I 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Chicane Capital I Corp has enough cash to cover all of its debt. Its financial situation is stable.


Chicane Capital I (TSXV:CCIC.P) Business Description

Traded in Other Exchanges
N/A
Address
66 Wellington Street West, Suite 4100, Toronto, ON, CAN, M5K 1B7
Website
Chicane Capital I Corp is a capital pool company.

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