Atco Mining (XCNQ:ATCM) Interest Expense : C$-0.00 Mil (TTM As of Sep. 2023)

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What is Atco Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atco Mining's interest expense for the three months ended in Sep. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Atco Mining's Operating Income for the three months ended in Sep. 2023 was C$ -1.51 Mil. Atco Mining's Interest Expense for the three months ended in Sep. 2023 was C$ 0.00 Mil. Atco Mining 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.

Atco Mining Interest Expense Historical Data

The historical data trend for Atco Mining'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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Atco Mining Interest Expense Chart

Atco Mining Annual Data

Trend

Dec21

Dec22

Interest Expense

Atco Mining Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
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Atco Mining 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 Mil.

Atco Mining (XCNQ:ATCM) 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.

Atco Mining's Interest Expense for the three months ended in Sep. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-1.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.00 Mil.

Atco Mining's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Atco Mining had no long-term debt ⁽¹⁾.

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

Atco Mining (XCNQ:ATCM) Business Description

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QP9:Germany

Address

885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8

Website

https://www.atcomining.com

Atco Mining Inc is in the exploration stage and its principal business activity is sourcing and exploration of mineral properties. It holds an interest in May Lake and Newfoundland and Labrador Project.

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