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BCM Resources (BCM Resources) Interest Expense : $-0.03 Mil (TTM As of Nov. 2023)


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What is BCM Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BCM Resources's interest expense for the three months ended in Nov. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.03 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. BCM Resources's Operating Income for the three months ended in Nov. 2023 was $ -0.02 Mil. BCM Resources's Interest Expense for the three months ended in Nov. 2023 was $ 0.00 Mil. BCM 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.


BCM Resources Interest Expense Historical Data

The historical data trend for BCM 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.

BCM Resources Interest Expense Chart

BCM Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 - - - -0.03

BCM Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.01 -0.02 -

BCM 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


BCM Resources  (OTCPK:BCMRF) 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.

BCM Resources's Interest Expense for the three months ended in Nov. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Nov. 2023 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was $0.00 Mil.

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

BCM 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.


BCM Resources (BCM Resources) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 3A6
BCM Resources Corp is principally engaged in the acquisition, exploration, development, and mining of mineral properties. The company holds interests in the Carter property in Canada and Thompson Knolls Property in the United States.