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KATX (KAT Exploration) Interest Expense : $0.00 Mil (TTM As of Aug. 2024)


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What is KAT Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KAT Exploration'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. KAT Exploration's Operating Income for the three months ended in Aug. 2024 was $ -0.12 Mil. KAT Exploration's Interest Expense for the three months ended in Aug. 2024 was $ 0.00 Mil. KAT Exploration 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.


KAT Exploration Interest Expense Historical Data

The historical data trend for KAT Exploration'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.

KAT Exploration Interest Expense Chart

KAT Exploration Annual Data
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Interest Expense
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KAT Exploration Quarterly Data
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KAT Exploration 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.


KAT Exploration  (OTCPK:KATX) 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.

KAT Exploration'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 $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was $0.00 Mil.

KAT Exploration's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

KAT Exploration 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:

KAT Exploration Inc has no debt.


KAT Exploration Business Description

Traded in Other Exchanges
N/A
Address
323 Sunny Isles Boulevard, Suite 745, Sunny Isles, FL, USA, 33160
KAT Exploration Inc is a shell company.

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