Goodfellow (TSX:GDL) Interest Expense : C$-1.5 Mil (TTM As of Feb. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Goodfellow Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goodfellow's interest expense for the three months ended in Feb. 2024 was C$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was C$-1.5 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. Goodfellow's Operating Income for the three months ended in Feb. 2024 was C$ -0.1 Mil. Goodfellow's Interest Expense for the three months ended in Feb. 2024 was C$ -0.2 Mil. Goodfellow 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.

Goodfellow Interest Expense Historical Data

The historical data trend for Goodfellow'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.

Goodfellow Interest Expense Chart

Goodfellow Annual Data

Trend

Aug13

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Interest Expense

Get a 7-Day Free Trial

-2.13

-1.63

-1.41

-1.83

-1.43

Goodfellow Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.09	-0.64	-0.49	-0.23	-0.18

Goodfellow 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$-1.5 Mil.

Goodfellow (TSX:GDL) 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.

Goodfellow's Interest Expense for the three months ended in Feb. 2024 was C$-0.2 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$7.9 Mil.

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

Goodfellow did not have earnings to cover the interest expense.

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

Goodfellow (TSX:GDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Goodfellow Inc (TSX:GDL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Goodfellow Street, Delson, QC, CAN, J5B 1V5

Website

https://www.goodfellowinc.com

Goodfellow Inc is engaged in various business activities related to remanufacturing and distribution of lumber and wood products. The Company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring and Building materials. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.

Executives

Robert F. Hall

Director