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FDCFF (Forum Energy Metals) Interest Expense : $0.00 Mil (TTM As of Aug. 2024)


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What is Forum Energy Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forum Energy Metals's interest expense for the three months ended in Aug. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was $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. Forum Energy Metals's Operating Income for the three months ended in Aug. 2024 was $ -4.97 Mil. Forum Energy Metals's Interest Expense for the three months ended in Aug. 2024 was $ 0.00 Mil. Forum Energy Metals 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.


Forum Energy Metals Interest Expense Historical Data

The historical data trend for Forum Energy Metals'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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Forum Energy Metals Interest Expense Chart

Forum Energy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
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Forum Energy Metals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Forum Energy Metals 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Forum Energy Metals  (OTCPK:FDCFF) 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.

Forum Energy Metals's Interest Expense for the three months ended in Aug. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Aug. 2024 was $-4.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was $0.00 Mil.

Forum Energy Metals's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Forum Energy Metals 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.

Good Sign:

Forum Energy Metals Corp has no debt.


Forum Energy Metals Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.