Adex Mining (TSXV:ADE) Interest Expense : C$-0.47 Mil (TTM As of Dec. 2024)

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What is Adex Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adex Mining's interest expense for the three months ended in Dec. 2024 was C$ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.47 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. Adex Mining's Operating Income for the three months ended in Dec. 2024 was C$ -0.14 Mil. Adex Mining's Interest Expense for the three months ended in Dec. 2024 was C$ -0.10 Mil. Adex Mining 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.

Adex Mining Interest Expense Historical Data

The historical data trend for Adex 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.

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Adex Mining Interest Expense Chart

Adex Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.25

-0.26

-0.36

-0.41

-0.47

Adex Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.15	-0.12	-0.11	-0.10

Adex 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.47 Mil.

Adex Mining (TSXV:ADE) 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.

Adex Mining's Interest Expense for the three months ended in Dec. 2024 was C$-0.10 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$6.52 Mil.

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

Adex Mining did not have earnings to cover the interest expense.

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

Adex Mining Business Description

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ADXDF:USA

Address

36 Toronto Street, Suite 850, Toronto, ON, CAN, M5C 2C5

Website

http://www.adexmining.com

Adex Mining Inc is a mineral exploration and development company in Canada that develops a potential polymetallic focusing on tin, indium, zinc, molybdenum, and tungsten. It is focused on exploring and developing its Mount Pleasant Property.

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