Commerce Resources (TSXV:CCE) Interest Expense : C$-0.01 Mil (TTM As of Jan. 2025)

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What is Commerce Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Commerce Resources's interest expense for the three months ended in Jan. 2025 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was C$-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. Commerce Resources's Operating Income for the three months ended in Jan. 2025 was C$ -0.98 Mil. Commerce Resources's Interest Expense for the three months ended in Jan. 2025 was C$ -0.00 Mil. Commerce 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.

Commerce Resources Interest Expense Historical Data

The historical data trend for Commerce 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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Commerce Resources Interest Expense Chart

Commerce Resources Annual Data

Trend

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Interest Expense

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-0.01

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-0.01

Commerce Resources Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Commerce 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 Mil.

Commerce Resources (TSXV:CCE) 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.

Commerce Resources's Interest Expense for the three months ended in Jan. 2025 was C$-0.00 Mil. Its Operating Income for the three months ended in Jan. 2025 was C$-0.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was C$0.05 Mil.

Commerce Resources's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Commerce Resources did not have earnings to cover the interest expense.

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

Commerce Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Commerce Resources Corp (TSXV:CCE) » Definitions » Interest Expense

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CMRZF:USA D7H0:Germany

Address

789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.commerceresources.com

Commerce Resources Corp is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit located within their Eldor Property in northern Quebec, Canada. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favorable grade, and has demonstrated the production of high-grade mineral concentrates at high recovery. The Ashram Deposit also has a fluorspar component which could be a long-term supplier to the met-spar and acid-spar markets. The Company is focused on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the market.

Executives

Ross Carroll	Senior Officer
Jody Dahrouge	Director
Chris Grove	Director
David Hodge	Director, Senior Officer
Zimtu Capital Corp.	10% Security Holder

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