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Blast Resources (XCNQ:BLST) Interest Expense : C$0.00 Mil (TTM As of Oct. 2023)


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What is Blast Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blast Resources'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. Blast Resources's Operating Income for the three months ended in Oct. 2023 was C$ -0.08 Mil. Blast Resources's Interest Expense for the three months ended in Oct. 2023 was C$ 0.00 Mil. Blast 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.


Blast Resources Interest Expense Historical Data

The historical data trend for Blast 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.

Blast Resources Interest Expense Chart

Blast Resources Annual Data
Trend Jan22 Jan23
Interest Expense
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Blast Resources Quarterly Data
Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Interest Expense Get a 7-Day Free Trial - - - - -

Blast 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 Oct. 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.


Blast Resources  (XCNQ:BLST) 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.

Blast Resources's Interest Expense for the three months ended in Oct. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$0.00 Mil.

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

Blast 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:

Blast Resources Inc has no debt.


Blast Resources (XCNQ:BLST) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, No. 380, Vancouver, BC, CAN, V6C 3B6
Website
Blast Resources Inc is a mineral exploration company engaged in acquiring, exploring, and evaluating resource properties. The Company holds the option to earn a 100% interest in the Property located near Vernon, Utah, United States in central Tooele County, Utah, United States. The Company's objective is to explore and, if warranted, develop the Property. The Company will evaluate opportunities to acquire interests in additional exploration-stage mineral properties.

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