MetalQuest Mining (MetalQuest Mining) Interest Expense : $0.00 Mil (TTM As of Apr. 2024)

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What is MetalQuest Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MetalQuest Mining's interest expense for the three months ended in Apr. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 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. MetalQuest Mining's Operating Income for the three months ended in Apr. 2024 was $ -0.05 Mil. MetalQuest Mining's Interest Expense for the three months ended in Apr. 2024 was $ 0.00 Mil. MetalQuest Mining 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.

MetalQuest Mining Interest Expense Historical Data

The historical data trend for MetalQuest Mining'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.

MetalQuest Mining Interest Expense Chart

MetalQuest Mining Annual Data

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Interest Expense

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MetalQuest Mining Quarterly Data
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MetalQuest Mining 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

MetalQuest Mining (OTCPK:MQMIF) 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.

MetalQuest Mining's Interest Expense for the three months ended in Apr. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Apr. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was $0.00 Mil.

MetalQuest Mining's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

MetalQuest Mining had no long-term debt ⁽¹⁾.

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

Good Sign:

MetalQuest Mining Inc has no debt.

MetalQuest Mining (MetalQuest Mining) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MetalQuest Mining Inc (OTCPK:MQMIF) » Definitions » Interest Expense

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MQM:Canada

Address

101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9

Website

https://www.metalquestmining.com

MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include Murray Brook Project and Lac Otelnuk Iron Ore Project.

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