Cross River Ventures (FRA:C6R) Interest Expense : €0.00 Mil (TTM As of Oct. 2023)

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What is Cross River Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cross River Ventures's interest expense for the three months ended in Oct. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 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. Cross River Ventures's Operating Income for the three months ended in Oct. 2023 was € -0.08 Mil. Cross River Ventures's Interest Expense for the three months ended in Oct. 2023 was € 0.00 Mil. Cross River Ventures 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.

Cross River Ventures Interest Expense Historical Data

The historical data trend for Cross River Ventures'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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Cross River Ventures Interest Expense Chart

Cross River Ventures Annual Data

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Interest Expense

Cross River Ventures Quarterly Data
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Cross River Ventures 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 €0.00 Mil.

Cross River Ventures (FRA:C6R) 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.

Cross River Ventures's Interest Expense for the three months ended in Oct. 2023 was €0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was €-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was €0.00 Mil.

Cross River Ventures's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Cross River Ventures had no long-term debt ⁽¹⁾.

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

Good Sign:

Cross River Ventures Corp has no debt.

Cross River Ventures (FRA:C6R) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cross River Ventures Corp (FRA:C6R) » Definitions » Interest Expense

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CSRVF:USA CRVC:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.crossriverventures.com

Cross River Ventures Corp is engaged in the identification, evaluation, exploration, and acquisition of mineral properties. Its projects include McVicar Gold Project, Shabu Lake Property, Ear Falls Property and Fuchsite Gold Project among others.

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