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FPX Nickel (FPX Nickel) Interest Expense : $-0.02 Mil (TTM As of Dec. 2023)


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What is FPX Nickel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FPX Nickel's interest expense for the three months ended in Dec. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.02 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. FPX Nickel's Operating Income for the three months ended in Dec. 2023 was $ -0.94 Mil. FPX Nickel's Interest Expense for the three months ended in Dec. 2023 was $ -0.02 Mil. FPX Nickel 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.

FPX Nickel Interest Expense Historical Data

The historical data trend for FPX Nickel'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.

FPX Nickel Interest Expense Chart

FPX Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 -0.39 -0.03 -0.01 -0.03

FPX Nickel Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -0.02

FPX Nickel 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 $-0.02 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.

FPX Nickel  (OTCPK:FPOCF) 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.

FPX Nickel's Interest Expense for the three months ended in Dec. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.08 Mil.

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

FPX Nickel did not have earnings to cover the interest expense.

* 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.

FPX Nickel (FPX Nickel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » FPX Nickel Corp (OTCPK:FPOCF) » Definitions » Interest Expense
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Traded in Other Exchanges
FP5:Germany FPX:Canada
Address
1155 West Pender Street, Suite 320, Vancouver, BC, CAN, V6E 2P4
Website
https://www.fpxnickel.com
FPX Nickel Corp focuses is involved in the acquisition and exploration of mineral property interests that are considered potential sites of economic mineralization. Its projects portfolio includes Decar Nickel District, Mich Property, Yukon; Orca Property; Wale Property; and Klow Property; in British Columbia.