Power Group Projects (TSXV:PGP) Interest Expense : C$0.00 Mil (TTM As of Oct. 2023)

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What is Power Group Projects Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Power Group Projects's interest expense for the three months ended in Oct. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 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. Power Group Projects's Operating Income for the three months ended in Oct. 2023 was C$ -0.02 Mil. Power Group Projects's Interest Expense for the three months ended in Oct. 2023 was C$ 0.00 Mil. Power Group Projects 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.

Power Group Projects Interest Expense Historical Data

The historical data trend for Power Group Projects'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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Power Group Projects Interest Expense Chart

Power Group Projects Annual Data

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Interest Expense

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Power Group Projects Quarterly Data
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Power Group Projects 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Power Group Projects (TSXV:PGP) 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.

Power Group Projects's Interest Expense for the three months ended in Oct. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$0.00 Mil.

Power Group Projects's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Power Group Projects had no long-term debt ⁽¹⁾.

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

Good Sign:

Power Group Projects Corp has no debt.

Power Group Projects (TSXV:PGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Group Projects Corp (TSXV:PGP) » Definitions » Interest Expense

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PGPGF:USA 9GCA:Germany

Address

999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2

Website

https://www.powergroupproject.com

Power Group Projects Corp is a Canadian company which is engaged in the acquisition and exploration of resource properties. The company owns an interest in Smith Cobalt Project, Canadian Cobalt Project, Ontario Cobalt Project and Little Trout Cobalt Project among others.

Power Group Projects (TSXV:PGP) Headlines

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