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KWGBF (The Canadian Chrome Co) Interest Expense : $-3.72 Mil (TTM As of Sep. 2024)


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What is The Canadian Chrome Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Canadian Chrome Co's interest expense for the three months ended in Sep. 2024 was $ -1.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.72 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. The Canadian Chrome Co's Operating Income for the three months ended in Sep. 2024 was $ -1.94 Mil. The Canadian Chrome Co's Interest Expense for the three months ended in Sep. 2024 was $ -1.00 Mil. The Canadian Chrome Co did not have earnings to cover the interest expense. 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.

The Canadian Chrome Co Interest Expense Historical Data

The historical data trend for The Canadian Chrome Co'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.

The Canadian Chrome Co Interest Expense Chart

The Canadian Chrome Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.16 -0.14 -1.19 -3.49

The Canadian Chrome Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.12 -0.71 -0.90 -1.12 -1.00

The Canadian Chrome Co 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.72 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.

The Canadian Chrome Co  (OTCPK:KWGBF) 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.

The Canadian Chrome Co's Interest Expense for the three months ended in Sep. 2024 was $-1.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $21.75 Mil.

The Canadian Chrome Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

The Canadian Chrome Co did not have earnings to cover the interest expense.

* 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.

The Canadian Chrome Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » The Canadian Chrome Co (OTCPK:KWGBF) » Definitions » Interest Expense
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Traded in Other Exchanges
CACR.A:Canada CACR:Canada
Address
141 Adelaide Street West, Suite 240, Toronto, ON, CAN, M5H 3L5
Website
https://www.canadachrome.com
The Canadian Chrome Co is a Canada-based mineral exploration company. The company is engaged in the exploration and evaluation of base and precious metals and in the development of a transportation link to access the areas where these are located. It also has interests in technology relating to the production of chromium iron alloys. The company is focused on the development of chromite. The properties of the company include Black Horse, Koper Lake, and McFaulds Lake. The Company's operations comprise a single reporting operating segment engaged in mineral exploration in Canada.