MGX Minerals (MGX Minerals) Interest Expense : $-0.02 Mil (TTM As of Apr. 2021)

View and export this data going back to 2016. Start your Free Trial

What is MGX Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MGX Minerals's interest expense for the three months ended in Apr. 2021 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2021 was $-0.02 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. MGX Minerals's Operating Income for the three months ended in Apr. 2021 was $ -0.29 Mil. MGX Minerals's Interest Expense for the three months ended in Apr. 2021 was $ -0.00 Mil. MGX Minerals 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.

MGX Minerals Interest Expense Historical Data

The historical data trend for MGX 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.

* Premium members only.

MGX Minerals Interest Expense Chart

MGX Minerals Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Interest Expense

Get a 7-Day Free Trial

-0.01

-0.11

-0.14

MGX Minerals Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-	-	-

MGX 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 Apr. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

MGX Minerals (OTCPK:MGXMF) 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.

MGX Minerals's Interest Expense for the three months ended in Apr. 2021 was $-0.00 Mil. Its Operating Income for the three months ended in Apr. 2021 was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2021 was $2.16 Mil.

MGX Minerals's Interest Coverage for the quarter that ended in Apr. 2021 is calculated as

MGX Minerals did not have earnings to cover the interest expense.

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

MGX Minerals (MGX Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MGX Minerals Inc (OTCPK:MGXMF) » Definitions » Interest Expense

Comparable Companies

XCNQ:STGX TSXV:SILV TSXV:LMS TSXV:PX TSXV:ABZ TSXV:EGM TSXV:GTC TSXV:FUSE TSXV:SYG TSXV:IZN

Traded in Other Exchanges

N/A

Address

1080 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T1

Website

http://www.mgxminerals.com

MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.