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Battery Mineral Resources (TSXV:BMR) Interest Expense : C$-1.83 Mil (TTM As of Mar. 2024)


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What is Battery Mineral Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Battery Mineral Resources's interest expense for the three months ended in Mar. 2024 was C$ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.83 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. Battery Mineral Resources's Operating Income for the three months ended in Mar. 2024 was C$ -3.42 Mil. Battery Mineral Resources's Interest Expense for the three months ended in Mar. 2024 was C$ -0.44 Mil. Battery Mineral Resources 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.


Battery Mineral Resources Interest Expense Historical Data

The historical data trend for Battery Mineral 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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Battery Mineral Resources Interest Expense Chart

Battery Mineral Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- - -0.27 -2.45 -2.84

Battery Mineral Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -1.30 -0.69 -0.80 -0.58 -0.44

Battery Mineral 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.83 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.


Battery Mineral Resources  (TSXV:BMR) 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.

Battery Mineral Resources's Interest Expense for the three months ended in Mar. 2024 was C$-0.44 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-3.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$34.12 Mil.

Battery Mineral Resources's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Battery Mineral Resources 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.


Battery Mineral Resources (TSXV:BMR) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The company is engaged in the discovery, acquisition and development of battery metals and precious metals mining projects in Canada with additional cobalt, lithium and graphite projects in the United States and South Korea.
Executives
Jack Cartmel Senior Officer
Lazaros Nikeas Director, Senior Officer