WestBond Enterprises (TSXV:WBE) Interest Expense : C$-0.13 Mil (TTM As of Dec. 2023)

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What is WestBond Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WestBond Enterprises's interest expense for the three months ended in Dec. 2023 was C$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.13 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. WestBond Enterprises's Operating Income for the three months ended in Dec. 2023 was C$ -0.04 Mil. WestBond Enterprises's Interest Expense for the three months ended in Dec. 2023 was C$ -0.03 Mil. WestBond Enterprises 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.

WestBond Enterprises Interest Expense Historical Data

The historical data trend for WestBond Enterprises'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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WestBond Enterprises Interest Expense Chart

WestBond Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.14

-0.24

-0.20

-0.17

-0.14

WestBond Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.05	-0.03	-0.03	-0.04	-0.03

WestBond Enterprises 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 quarterly data reported by the company within the most recent 12 months, which was C$-0.13 Mil.

WestBond Enterprises (TSXV:WBE) 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.

WestBond Enterprises's Interest Expense for the three months ended in Dec. 2023 was C$-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$1.59 Mil.

WestBond Enterprises's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

WestBond Enterprises did not have earnings to cover the interest expense.

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

WestBond Enterprises (TSXV:WBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » WestBond Enterprises Corp (TSXV:WBE) » Definitions » Interest Expense

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Traded in Other Exchanges

WBNEF:USA

Address

7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7

Website

https://www.westbond.ca

WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Long-term care, Non-clinical air-laid, and Other products. The company's product pipeline includes examination table paper, dental bibs, sheets, pillowcases, gowns, aprons, Jumbo Roll Bathroom Tissue, Conventional Bathroom Tissue, Towels such as Center Pull, Kraft Roll, and Single Fold, Roll Air Laid Wipes, among others.

Executives

John Douglas Seppala

Director

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