MegaWatt Lithium and Battery Metals (HAM:WR2) Interest Expense : €0.00 Mil (TTM As of Dec. 2023)

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What is MegaWatt Lithium and Battery Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MegaWatt Lithium and Battery Metals's interest expense for the three months ended in Dec. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. MegaWatt Lithium and Battery Metals's Operating Income for the three months ended in Dec. 2023 was € -0.07 Mil. MegaWatt Lithium and Battery Metals's Interest Expense for the three months ended in Dec. 2023 was € 0.00 Mil. MegaWatt Lithium and Battery 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.

MegaWatt Lithium and Battery Metals Interest Expense Historical Data

The historical data trend for MegaWatt Lithium and Battery 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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MegaWatt Lithium and Battery Metals Interest Expense Chart

MegaWatt Lithium and Battery Metals Annual Data

Trend

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Interest Expense

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MegaWatt Lithium and Battery Metals Quarterly Data
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MegaWatt Lithium and Battery 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

MegaWatt Lithium and Battery Metals (HAM:WR2) 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.

MegaWatt Lithium and Battery Metals's Interest Expense for the three months ended in Dec. 2023 was €0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €0.00 Mil.

MegaWatt Lithium and Battery Metals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

MegaWatt Lithium and Battery Metals had no long-term debt ⁽¹⁾.

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

MegaWatt Lithium and Battery Metals (HAM:WR2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MegaWatt Lithium and Battery Metals Corp (HAM:WR2) » Definitions » Interest Expense

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WALRD:USA WR2:Germany MEGA:Canada

Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://www.megawattmetals.com

MegaWatt Lithium and Battery Metals Corp is involved in the acquisition and exploration of mineral properties in Canada. It holds an interest in the Cobalt Hill property located in the Trail Creek Mining Division in the Province of British Columbia, Canada.

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