Idaho Copper (Idaho Copper) Interest Expense : $-0.30 Mil (TTM As of Oct. 2023)

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What is Idaho Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Idaho Copper's interest expense for the three months ended in Oct. 2023 was $ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.30 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. Idaho Copper's Operating Income for the three months ended in Oct. 2023 was $ -0.44 Mil. Idaho Copper's Interest Expense for the three months ended in Oct. 2023 was $ -0.08 Mil. Idaho Copper 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.

Idaho Copper Interest Expense Historical Data

The historical data trend for Idaho Copper'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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Idaho Copper Interest Expense Chart

Idaho Copper Annual Data

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Interest Expense

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Idaho Copper Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Apr23	Jul23	Oct23
Interest Expense	Get a 7-Day Free Trial															-	-	-0.11	-0.12	-0.08

Idaho Copper 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 $-0.30 Mil.

Idaho Copper (OTCPK:COPR) 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.

Idaho Copper's Interest Expense for the three months ended in Oct. 2023 was $-0.08 Mil. Its Operating Income for the three months ended in Oct. 2023 was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $3.68 Mil.

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

Idaho Copper did not have earnings to cover the interest expense.

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