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CanXGold Mining (TSXV:CXG) Interest Expense : C$-1.39 Mil (TTM As of May. 2023)


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What is CanXGold Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CanXGold Mining's interest expense for the three months ended in May. 2023 was C$ -0.34 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2023 was C$-1.39 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. CanXGold Mining's Operating Income for the three months ended in May. 2023 was C$ -0.30 Mil. CanXGold Mining's Interest Expense for the three months ended in May. 2023 was C$ -0.34 Mil. CanXGold Mining 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.


CanXGold Mining Interest Expense Historical Data

The historical data trend for CanXGold 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.

* Premium members only.

CanXGold Mining Interest Expense Chart

CanXGold Mining Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.93 -1.35 -1.43 -1.13 -1.31

CanXGold Mining Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 -0.31 -0.32 -0.39 -0.34 -0.34

CanXGold Mining 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.39 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.


CanXGold Mining  (TSXV:CXG) 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.

CanXGold Mining's Interest Expense for the three months ended in May. 2023 was C$-0.34 Mil. Its Operating Income for the three months ended in May. 2023 was C$-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2023 was C$0.00 Mil.

CanXGold Mining's Interest Coverage for the quarter that ended in May. 2023 is calculated as

CanXGold Mining 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.


CanXGold Mining (TSXV:CXG) Business Description

Traded in Other Exchanges
N/A
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
CanXGold Mining Corp is a Canada-based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. All the company's mineral properties are in the exploration stages.
Executives
Stefan Bender Director

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