Cascadia Minerals (Cascadia Minerals) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Cascadia Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cascadia Minerals's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $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. Cascadia Minerals's Operating Income for the three months ended in Dec. 2023 was $ -0.76 Mil. Cascadia Minerals's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Cascadia Minerals 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.

Cascadia Minerals Interest Expense Historical Data

The historical data trend for Cascadia Minerals'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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Cascadia Minerals Interest Expense Chart

Cascadia Minerals Annual Data

Trend

Dec22

Dec23

Interest Expense

Cascadia Minerals Quarterly Data
	Sep22	Dec22	Jun23	Sep23	Dec23
Interest Expense	-	-	-	-	-

Cascadia Minerals 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 $0.00 Mil.

Cascadia Minerals (OTCPK:CAMNF) 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.

Cascadia Minerals's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

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

Cascadia Minerals had no long-term debt ⁽¹⁾.

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

Good Sign:

Cascadia Minerals Ltd has no debt.

Cascadia Minerals (Cascadia Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascadia Minerals Ltd (OTCPK:CAMNF) » Definitions » Interest Expense

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CAM:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cascadiaminerals.com

Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.

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