MARIF (Marimaca Copper) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)

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What is Marimaca Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marimaca Copper's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Marimaca Copper's Operating Income for the three months ended in Sep. 2024 was $ -3.94 Mil. Marimaca Copper's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Marimaca Copper 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.

Marimaca Copper Interest Expense Historical Data

The historical data trend for Marimaca Copper'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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Marimaca Copper Interest Expense Chart

Marimaca Copper Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-3.17

-2.50

-0.44

Marimaca Copper 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															-	-	-	-	-

Marimaca Copper 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 $0.00 Mil.

Marimaca Copper (OTCPK:MARIF) 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.

Marimaca Copper's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-3.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Marimaca Copper's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Marimaca Copper had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Marimaca Copper Corp has enough cash to cover all of its debt. Its financial situation is stable.

Marimaca Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marimaca Copper Corp (OTCPK:MARIF) » Definitions » Interest Expense

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MARI:Canada

Address

66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6

Website

https://www.marimaca.com

Marimaca Copper Corp is a copper exploration company. The company's flagship asset is the Marimaca Copper Project in Chile's Antofagasta region. It is the only copper discovery globally and is a low-risk project, with substantial exploration potential.

Marimaca Copper Headlines

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