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Cobra Venture (TSXV:CBV) Interest Expense : C$0.00 Mil (TTM As of May. 2024)


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What is Cobra Venture Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cobra Venture's interest expense for the three months ended in May. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 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. Cobra Venture's Operating Income for the three months ended in May. 2024 was C$ 0.04 Mil. Cobra Venture's Interest Expense for the three months ended in May. 2024 was C$ 0.00 Mil. Cobra Venture 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.


Cobra Venture Interest Expense Historical Data

The historical data trend for Cobra Venture'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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Cobra Venture Interest Expense Chart

Cobra Venture Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Interest Expense
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Cobra Venture Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24 May24
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Cobra Venture 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 May. 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.


Cobra Venture  (TSXV:CBV) 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.

Cobra Venture's Interest Expense for the three months ended in May. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in May. 2024 was C$0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was C$0.00 Mil.

Cobra Venture's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Cobra Venture 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:

Cobra Venture Corp has no debt.


Cobra Venture Business Description

Traded in Other Exchanges
N/A
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.
Executives
Stephane Poirier 10% Security Holder
Jeremy Kyle Wombold 10% Security Holder

Cobra Venture Headlines

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