Iconic Minerals (FRA:YQG) Interest Expense : €-0.01 Mil (TTM As of Feb. 2024)

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What is Iconic Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Iconic Minerals's interest expense for the three months ended in Feb. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was €-0.01 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. Iconic Minerals's Operating Income for the three months ended in Feb. 2024 was € -0.16 Mil. Iconic Minerals's Interest Expense for the three months ended in Feb. 2024 was € 0.00 Mil. Iconic Minerals 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.

Iconic Minerals Interest Expense Historical Data

The historical data trend for Iconic Minerals'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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Iconic Minerals Interest Expense Chart

Iconic Minerals Annual Data

Trend

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Interest Expense

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-0.05

-0.04

-0.09

-0.06

-0.02

Iconic Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.22	0.21	-	-

Iconic Minerals 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Iconic Minerals (FRA:YQG) 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.

Iconic Minerals's Interest Expense for the three months ended in Feb. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was €-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was €0.00 Mil.

Iconic Minerals's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Iconic Minerals had no long-term debt ⁽¹⁾.

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

Iconic Minerals (FRA:YQG) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iconic Minerals Ltd (FRA:YQG) » Definitions » Interest Expense

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ICMFF:USA ICM:Canada

Address

303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5

Website

https://www.iconicminerals.com

Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.

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