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Vanadiumcorp Resource (FRA:NWNA) Interest Expense

: €-0.03 Mil (TTM As of Jan. 2024)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vanadiumcorp Resource's interest expense for the three months ended in Jan. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 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. Vanadiumcorp Resource's Operating Income for the three months ended in Jan. 2024 was € -0.16 Mil. Vanadiumcorp Resource's Interest Expense for the three months ended in Jan. 2024 was € -0.01 Mil. Vanadiumcorp Resource 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.


Vanadiumcorp Resource Interest Expense Historical Data

The historical data trend for Vanadiumcorp Resource'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.

Vanadiumcorp Resource Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.01 -0.02 -0.02

Vanadiumcorp Resource Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only - - - -0.01 -0.01

Vanadiumcorp Resource 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 €-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.


Vanadiumcorp Resource  (FRA:NWNA) 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.

Vanadiumcorp Resource's Interest Expense for the three months ended in Jan. 2024 was €-0.01 Mil. Its Operating Income for the three months ended in Jan. 2024 was €-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was €0.42 Mil.

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

Vanadiumcorp Resource 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.


Vanadiumcorp Resource (FRA:NWNA) Business Description

Traded in Other Exchanges
Address
303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5
Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

Vanadiumcorp Resource (FRA:NWNA) Headlines

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