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Quadro Resources (TSXV:QRO) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)


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What is Quadro Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quadro Resources's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Quadro Resources's Operating Income for the three months ended in Jan. 2024 was C$ -0.06 Mil. Quadro Resources's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Quadro 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.


Quadro Resources Interest Expense Historical Data

The historical data trend for Quadro 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.

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Quadro Resources Interest Expense Chart

Quadro Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
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Quadro Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Quadro 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 Jan. 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.


Quadro Resources  (TSXV:QRO) 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.

Quadro Resources's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Quadro Resources's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Quadro 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.

Good Sign:

Quadro Resources Ltd has no debt.


Quadro Resources (TSXV:QRO) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1
Quadro Resources Ltd is engaged in the acquisition, exploration, development and evaluation of assets in Canada. It derives majority of its revenues from exploration business and has operations spread across Canada. It has projects in Newfoundland and Labrador region namely Staghorn Gold Project , Long Lake Property and Tulks South Property.
Executives
Terrance Barry Coughlan Director, Senior Officer

Quadro Resources (TSXV:QRO) Headlines

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