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PXCLF (Phoenix Copper) Interest Expense : $-0.01 Mil (TTM As of Jun. 2024)


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What is Phoenix Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Phoenix Copper's interest expense for the six months ended in Jun. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.01 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. Phoenix Copper's Operating Income for the six months ended in Jun. 2024 was $ -1.09 Mil. Phoenix Copper's Interest Expense for the six months ended in Jun. 2024 was $ -0.01 Mil. Phoenix Copper 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.


Phoenix Copper Interest Expense Historical Data

The historical data trend for Phoenix Copper'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.

Phoenix Copper Interest Expense Chart

Phoenix Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.05 -0.01 - -

Phoenix Copper Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only - - - - -0.01

Phoenix Copper 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 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.


Phoenix Copper  (OTCPK:PXCLF) 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.

Phoenix Copper's Interest Expense for the six months ended in Jun. 2024 was $-0.01 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-1.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $4.14 Mil.

Phoenix Copper's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Phoenix Copper 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.


Phoenix Copper Business Description

Traded in Other Exchanges
Address
Wickhams Cay 1, Road Town, OMC Chambers, Tortola, VGB, VG1110
Phoenix Copper Ltd is a USA-focused, base and precious metal emerging producer and exploration company. It is evaluating the silver and gold resources around three other past-producing mines within the 8,034-acre Empire claims block as well as cobalt in two claims blocks north of Empire in Idaho. Its operations are focused near Mackay, Idaho in the Alder Creek mining district. This district includes the historical Empire, Horseshoe, White Knob, and Blue Bird Mines, past producers of copper, gold, silver, zinc, lead, and tungsten from underground mines. Additionally, the district includes Navarre Creek, a Carlin-trend gold discovery that hosts a 6.1 km gold strike length within a 9.8 km2 area.