RFLXF (Reflex Advanced Materials) Interest Expense : $-0.01 Mil (TTM As of Jul. 2024)

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What is Reflex Advanced Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reflex Advanced Materials's interest expense for the three months ended in Jul. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 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. Reflex Advanced Materials's Operating Income for the three months ended in Jul. 2024 was $ -0.15 Mil. Reflex Advanced Materials's Interest Expense for the three months ended in Jul. 2024 was $ -0.01 Mil. Reflex Advanced Materials 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.

Reflex Advanced Materials Interest Expense Historical Data

The historical data trend for Reflex Advanced Materials'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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Reflex Advanced Materials Interest Expense Chart

Reflex Advanced Materials Annual Data

Trend

Jan22

Jan23

Jan24

Interest Expense

Reflex Advanced Materials Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-0.01

Reflex Advanced Materials 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Reflex Advanced Materials (OTCPK:RFLXF) 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.

Reflex Advanced Materials's Interest Expense for the three months ended in Jul. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Jul. 2024 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was $0.28 Mil.

Reflex Advanced Materials's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Reflex Advanced Materials did not have earnings to cover the interest expense.

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

Reflex Advanced Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reflex Advanced Materials Corp (OTCPK:RFLXF) » Definitions » Interest Expense

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Traded in Other Exchanges

HF2:Germany RFLX:Canada

Address

550 Burrard Street, Suite 2501, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.reflexmaterials.com

Reflex Advanced Materials Corp is engaged in the acquisition, exploration and evaluation of resource properties. Its project includes Ruby Graphite Deposit, Montana.