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Helium Evolution (TSXV:HEVI) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)


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What is Helium Evolution Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Helium Evolution's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Helium Evolution's Operating Income for the three months ended in Mar. 2024 was C$ -0.31 Mil. Helium Evolution's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. GuruFocus does not calculate Helium Evolution's interest coverage with the available data. 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.


Helium Evolution Interest Expense Historical Data

The historical data trend for Helium Evolution'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.

Helium Evolution Interest Expense Chart

Helium Evolution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.03 -0.01 - -

Helium Evolution Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Helium Evolution 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 Mar. 2024 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.


Helium Evolution  (TSXV:HEVI) 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.

Helium Evolution's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.02 Mil.

Helium Evolution's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Helium Evolution's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Helium Evolution Inc has enough cash to cover all of its debt. Its financial situation is stable.


Helium Evolution (TSXV:HEVI) Business Description

Traded in Other Exchanges
Address
400 - 505 - 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is engaged in the exploration and production of helium. The company holds helium land permits near proven discoveries of economic helium concentrations.
Executives
Patrick Mills Senior Officer

Helium Evolution (TSXV:HEVI) Headlines

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