NLIBF (NOA Lithium Brines) Interest Expense : $-0.02 Mil (TTM As of Sep. 2024)

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What is NOA Lithium Brines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NOA Lithium Brines'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 $-0.02 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. NOA Lithium Brines's Operating Income for the three months ended in Sep. 2024 was $ -0.95 Mil. NOA Lithium Brines's Interest Expense for the three months ended in Sep. 2024 was $ -0.00 Mil. NOA Lithium Brines 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.

NOA Lithium Brines Interest Expense Historical Data

The historical data trend for NOA Lithium Brines'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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NOA Lithium Brines Interest Expense Chart

NOA Lithium Brines Annual Data

Trend

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Interest Expense

NOA Lithium Brines Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial									-	-	-	-0.01	-

NOA Lithium Brines 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 $-0.02 Mil.

NOA Lithium Brines (OTCPK:NLIBF) 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.

NOA Lithium Brines'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 $-0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

NOA Lithium Brines's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

NOA Lithium Brines did not have earnings to cover the interest expense.

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

NOA Lithium Brines Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NOA Lithium Brines Inc (OTCPK:NLIBF) » Definitions » Interest Expense

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NOAL:Canada

Address

639 - 5th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 0M9

Website

https://www.noalithium.com

NOA Lithium Brines Inc is a lithium exploration and development company formed to acquire assets with important resource potential. All NOA's projects are in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, near many projects and operations owned by some of the enormous players in the lithium industry. NOA has rapidly consolidated an extensive and impressive lithium brine claim portfolio, with key positions on three prospective salars (Rio Grande, Arizaro, Salinas Grandes) totaling over 120,000 hectares. The Company's recent Mineral Resource approximate for the Rio Grande Project totals 4.7 million tonnes of LCE (measured, indicated and inferred) with an average lithium concentration of 525 mg/l.