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Bocana Resources (TSXV:BOCA) Interest Expense : C$-0.00 Mil (TTM As of Jun. 2023)


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What is Bocana Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bocana Resources's interest expense for the three months ended in Jun. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was C$-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. Bocana Resources's Operating Income for the three months ended in Jun. 2023 was C$ -0.17 Mil. Bocana Resources's Interest Expense for the three months ended in Jun. 2023 was C$ 0.00 Mil. Bocana Resources 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.


Bocana Resources Interest Expense Historical Data

The historical data trend for Bocana Resources'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.

Bocana Resources Interest Expense Chart

Bocana Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 - - -

Bocana Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
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 - - - - -

Bocana Resources 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 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.


Bocana Resources  (TSXV:BOCA) 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.

Bocana Resources's Interest Expense for the three months ended in Jun. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was C$0.00 Mil.

Bocana Resources's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Bocana Resources had no long-term debt (1).

* 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.


Bocana Resources (TSXV:BOCA) Business Description

Traded in Other Exchanges
Address
333-7th Avenue South West, Suite 200, Calgary, AB, CAN, T2P 2Z1
Bocana Resources Corp is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in South America. It holds a 100% working interest in the mineral properties known as the Escala area concessions located at the Department of Potosi, Sud Lipez Province, Bolivia.

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