Mink Ventures (Mink Ventures) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is Mink Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mink Ventures's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Mink Ventures's Operating Income for the three months ended in Mar. 2024 was $ -0.13 Mil. Mink Ventures's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Mink Ventures 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.

Mink Ventures Interest Expense Historical Data

The historical data trend for Mink Ventures'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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Mink Ventures Interest Expense Chart

Mink Ventures Annual Data

Trend

Dec21

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Dec23

Interest Expense

Mink Ventures Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

Mink Ventures 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Mink Ventures (OTCPK:MNKVF) 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.

Mink Ventures's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Mink Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mink Ventures had no long-term debt ⁽¹⁾.

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

Good Sign:

Mink Ventures Corp has no debt.

Mink Ventures (Mink Ventures) Business Description

Industry

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MINK:Canada

Address

66 Wellington Street West, Suite 4100, Toronto, ON, CAN, M5K 1B7

Website

https://www.minkventures.com

Mink Ventures Corp is a Canadian mineral exploration company exploring battery metals (nickel, copper, cobalt) at its Montcalm project. The principal business of the company is the acquisition, exploration and development of mineral property interests in Canada.

Mink Ventures (Mink Ventures) Headlines

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