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NXNIF (NorthX Nickel) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)


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What is NorthX Nickel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NorthX Nickel'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 $0.00 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. NorthX Nickel's Operating Income for the three months ended in Sep. 2024 was $ -0.86 Mil. NorthX Nickel's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. NorthX Nickel 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.

NorthX Nickel Interest Expense Historical Data

The historical data trend for NorthX Nickel'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.

NorthX Nickel Interest Expense Chart

NorthX Nickel Annual Data
Trend Sep20 Sep21
Interest Expense
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NorthX Nickel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.06 - - -

NorthX Nickel 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 $0.00 Mil.

* 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.

NorthX Nickel  (OTCPK:NXNIF) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NorthX Nickel'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 $-0.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

NorthX Nickel's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

NorthX Nickel had no long-term debt (1).

* 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.

Good Sign:

NorthX Nickel Corp has no debt.

NorthX Nickel Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NorthX Nickel Corp (OTCPK:NXNIF) » Definitions » Interest Expense
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Traded in Other Exchanges
6YR:Germany NIX:Canada
Address
200 Burrard Street, 1200 Waterfront Centre, Vancouver, BC, CAN, V7X 1T2
Website
https://www.archerexploration.com
NorthX Nickel Corp is focused on the exploration of mineral claims located in Québec and Ontario, Canada. The Company's primary mineral property is the Grasset Project in Quebec. The Company also holds a portfolio of 41 mineral properties in Ontario, of which 38 are situated in the Sudbury mining district.