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Xiana Mining (Xiana Mining) Interest Expense : $-1.35 Mil (TTM As of Sep. 2020)


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What is Xiana Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiana Mining's interest expense for the three months ended in Sep. 2020 was $ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-1.35 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. Xiana Mining's Operating Income for the three months ended in Sep. 2020 was $ -0.93 Mil. Xiana Mining's Interest Expense for the three months ended in Sep. 2020 was $ -0.30 Mil. Xiana Mining 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.


Xiana Mining Interest Expense Historical Data

The historical data trend for Xiana 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.

* Premium members only.

Xiana Mining Interest Expense Chart

Xiana Mining Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.92

Xiana Mining Quarterly Data
Jul15 Oct15 Jan16 Apr16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -0.31 0.23 -0.63 -0.65 -0.30

Xiana 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.35 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.


Xiana Mining  (OTCPK:DRIFF) 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.

Xiana Mining's Interest Expense for the three months ended in Sep. 2020 was $-0.30 Mil. Its Operating Income for the three months ended in Sep. 2020 was $-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $0.00 Mil.

Xiana Mining's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Xiana Mining 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.


Xiana Mining (Xiana Mining) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Xiana Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company focuses on exploration for precious and base metals in its property interest. Its exploration activities are focused on mineral claim blocks grouped into the Central Zone, North Zone, and South Zone. It produces copper-gold concentrates from the Minera Altos De Punitaqui in Chile.
Executives
Anton J Drescher director, officer: President 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Edwin Molina 10 percent owner 8 WEST MAIN STREET, NIANTIC CT 06352
Norman J Bonin director 5769 ANCHOR ROAD SECHELT BC CANADA A1 V0N3A0

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