Flying Nickel Mining (Flying Nickel Mining) Interest Expense : $ Mil (TTM As of Dec. 2023)

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What is Flying Nickel Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flying Nickel Mining's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Flying Nickel Mining does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Flying Nickel Mining's Operating Income for the three months ended in Dec. 2023 was $ -0.23 Mil. Flying Nickel Mining's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Flying Nickel Mining 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.

Flying Nickel Mining Interest Expense Historical Data

The historical data trend for Flying Nickel Mining'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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Flying Nickel Mining Interest Expense Chart

Flying Nickel Mining Annual Data

Trend

Interest Expense

Flying Nickel Mining Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23	Dec23
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Flying Nickel Mining Interest Expense Calculation

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

Flying Nickel Mining (OTCPK:FLYNF) 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.

Flying Nickel Mining'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 $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Flying Nickel Mining's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Flying Nickel Mining had no long-term debt ⁽¹⁾.

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

Good Sign:

Flying Nickel Mining Corp has no debt.

Flying Nickel Mining (Flying Nickel Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Flying Nickel Mining Corp (OTCPK:FLYNF) » Definitions » Interest Expense

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FLYN:Canada

Address

409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2

Website

https://www.flynickel.com

Flying Nickel Mining Corp is a premier nickel sulphide mining and exploration company. It holds interests in the Minago Project located in Manitoba's Thompson Nickel Belt in Canada.

Flying Nickel Mining (Flying Nickel Mining) Headlines

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