MIDLF (Midland Exploration) Interest Expense: $-0.02 Mil (TTM As of Mar. 2026)

What is Midland Exploration Interest Expense?

Midland Exploration MIDLF -25.18% 34 Interest Expense is $-0.02 Mil as of Mar. 2026. GuruFocus rates MIDLF with a GF Score™ of 34/100 and a GF Value™ of $0.43 (Possible Value Trap). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midland Exploration's interest expense for the three months ended in Mar. 2026 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 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. Midland Exploration's Operating Income for the three months ended in Mar. 2026 was $ -0.38 Mil. Midland Exploration's Interest Expense for the three months ended in Mar. 2026 was $ -0.01 Mil. Midland Exploration 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.

Midland Exploration (OTCPK:MIDLF) 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.

Midland Exploration's Interest Expense for the three months ended in Mar. 2026 was $-0.01 Mil. Its Operating Income for the three months ended in Mar. 2026 was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $0.16 Mil.

Midland Exploration's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Midland Exploration 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.

Midland Exploration Interest Expense Historical Data

* Premium members only.

The historical data trend for Midland Exploration's Interest Expense can be seen below:

Midland Exploration Interest Expense Chart

Midland Exploration Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Interest Expense

Get a 7-Day Free Trial

-0.01

-0.00

-0.01

Midland Exploration Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-0.00	-0.00	-0.00	-0.00	-0.01

34GF Score

Midland Exploration Inc MIDLF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Midland 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.02 Mil mean?

Midland Exploration (MIDLF) has a Interest Expense of $-0.02 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Midland Exploration and its competitors.

Is Midland Exploration's Interest Expense too high?

Midland Exploration's current Interest Expense is $-0.02 Mil. Overall, Midland Exploration has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Midland Exploration's Interest Expense compare to competitors?

Midland Exploration's Interest Expense of $-0.02 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Metals & Mining company?

A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Midland Exploration and its competitors. Midland Exploration's current Interest Expense is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Midland Exploration stock overvalued right now?

Based on GuruFocus' analysis, Midland Exploration (MIDLF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.43, compared to a current price of $0.28 — trading 33.9% below its estimated fair value. The current Interest Expense is $-0.02 Mil. Midland Exploration's overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Midland Exploration (MIDLF), the current Interest Expense is $-0.02 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Midland Exploration (MIDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Midland Exploration stock appears to be undervalued. The current stock price of $0.28 is trading 33.9% below its estimated GF Value™ of $0.43. GuruFocus considers Midland Exploration to be Possible Value Trap.

Key valuation signals for MIDLF:

Interest Expense: $-0.02 Mil
GF Value™: $0.43 vs. price of $0.28 (33.9% below fair value)
GF Score™: 34/100 with 2 warning signs

No single metric tells the full story. See the MIDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Midland Exploration Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:OGD TSXV:AZEM TSXV:FMS TSXV:SAG TSX:AVL TSXV:LCE TSXV:SCY XCNQ:TOC TSX:SAM TSXV:GMA ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges MD:Canada

Address 1, Place Ville Marie, Bureau 4000, Montreal, QC, CAN, H3B 4M4

Website https://www.midlandexploration.com

Midland Exploration Inc is a company engaged in the mining exploration business. The Corporation's operations include the acquisition and exploration of mining properties and it currently operates in a single segment, being the acquisition, exploration, and evaluation of exploration properties. All of the corporation's activities are conducted in Canada. Its projects include Casault, Heva, Jouvex, Lac Esther, Laflamme, Tete-Nord, and others.

34GF Score

Get the complete analysis for MIDLF

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28

Price

$0.43

GF Value

View MIDLF Analysis

See Interest Expense data for all stocks →