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AFR NuVenture Resources (TSXV:AFR) Interest Expense : C$0.00 Mil (TTM As of Nov. 2024)


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What is AFR NuVenture Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AFR NuVenture Resources's interest expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was C$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. AFR NuVenture Resources's Operating Income for the three months ended in Nov. 2024 was C$ -0.09 Mil. AFR NuVenture Resources's Interest Expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. AFR NuVenture Resources 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.


AFR NuVenture Resources Interest Expense Historical Data

The historical data trend for AFR NuVenture Resources'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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AFR NuVenture Resources Interest Expense Chart

AFR NuVenture Resources Annual Data
Trend May14 May15 May17 May18 May19 May20 May21 May22 May23 May24
Interest Expense
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AFR NuVenture Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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AFR NuVenture Resources 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


AFR NuVenture Resources  (TSXV:AFR) 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.

AFR NuVenture Resources's Interest Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was C$-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was C$0.00 Mil.

AFR NuVenture Resources's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

AFR NuVenture Resources 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:

AFR NuVenture Resources Inc has no debt.


AFR NuVenture Resources Business Description

Traded in Other Exchanges
N/A
Address
925 West Georgia Street, Suite 1600, Vancouver, BC, CAN, V6C 3L2
AFR NuVenture Resources Inc is an exploration stage company. It is engaged in the exploration and evaluation of assets. The Company operates in one reportable segment, which is the exploration and evaluation of mineral assets in North America. The company's project includes the New Brunswick project and the silver bell-st. Lawrence mineral exploration project.

AFR NuVenture Resources Headlines

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