GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teako Minerals Corp (XCNQ:TMIN) » Definitions » Interest Expense

Teako Minerals (XCNQ:TMIN) Interest Expense : C$-0.04 Mil (TTM As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Teako Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Teako Minerals's interest expense for the three months ended in Jan. 2024 was C$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.04 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. Teako Minerals's Operating Income for the three months ended in Jan. 2024 was C$ -0.27 Mil. Teako Minerals's Interest Expense for the three months ended in Jan. 2024 was C$ -0.04 Mil. Teako Minerals did not have earnings to cover the interest expense. 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.


Teako Minerals Interest Expense Historical Data

The historical data trend for Teako Minerals'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.

Teako Minerals Interest Expense Chart

Teako Minerals Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Interest Expense
- - - -0.04

Teako Minerals Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - -0.01 -0.04

Teako Minerals 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$-0.04 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.


Teako Minerals  (XCNQ:TMIN) 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.

Teako Minerals's Interest Expense for the three months ended in Jan. 2024 was C$-0.04 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.64 Mil.

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

Teako Minerals did not have earnings to cover the interest expense.

* 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.


Teako Minerals (XCNQ:TMIN) Business Description

Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Teako Minerals Corp is engaged in the acquisition, exploration, and evaluation of mineral property interests located in Canada. It is in the process of exploring its mineral property interest in British Columbia and has not yet determined whether it contains mineral reserves that are economically recoverable. The company's mineral property interest consists of the Pinnacle project under option located in British Columbia, Canada.
Executives
Fruchtexpress Grabher Gmbh & Co Kg 10% Security Holder
Owen Garfield Director

Teako Minerals (XCNQ:TMIN) Headlines

No Headlines