FE Battery Metals (XCNQ:FE) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

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What is FE Battery Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FE Battery Metals's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. FE Battery Metals's Operating Income for the three months ended in Dec. 2023 was C$ -1.85 Mil. FE Battery Metals's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. FE Battery Metals 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.

FE Battery Metals Interest Expense Historical Data

The historical data trend for FE Battery Metals'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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FE Battery Metals Interest Expense Chart

FE Battery Metals Annual Data

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Interest Expense

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FE Battery Metals Quarterly Data
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FE Battery Metals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

FE Battery Metals (XCNQ:FE) 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.

FE Battery Metals's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-1.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

FE Battery Metals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

FE Battery Metals had no long-term debt ⁽¹⁾.

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

Good Sign:

FE Battery Metals Corp has no debt.

FE Battery Metals (XCNQ:FE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » FE Battery Metals Corp (XCNQ:FE) » Definitions » Interest Expense

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FEMFF:USA V95:Germany

Address

1055 West Georgia Street, Suite 2421, Vancouver, BC, CAN, V6E 3P3

Website

https://www.febatterymetals.com

FE Battery Metals Corp is focused on identifying, exploring, and advancing early-stage lithium pegmatite projects in Canada. The company's projects include Augustus Lithium Property, Falcon Lake Lithium Property, and North Spirit Lithium Property.

Executives

Craig Steven Alford

Director