District Copper (TSXV:DCOP) Interest Expense : C$0.00 Mil (TTM As of Oct. 2024)

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What is District Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. District Copper's interest expense for the three months ended in Oct. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 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. District Copper's Operating Income for the three months ended in Oct. 2024 was C$ -0.10 Mil. District Copper's Interest Expense for the three months ended in Oct. 2024 was C$ 0.00 Mil. District Copper 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.

District Copper Interest Expense Historical Data

The historical data trend for District Copper'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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District Copper Interest Expense Chart

District Copper Annual Data

Trend

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Interest Expense

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District Copper Quarterly Data
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District Copper 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

District Copper (TSXV:DCOP) 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.

District Copper's Interest Expense for the three months ended in Oct. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Oct. 2024 was C$-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was C$0.00 Mil.

District Copper's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

District Copper had no long-term debt ⁽¹⁾.

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

Good Sign:

District Copper Corp has no debt.

District Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » District Copper Corp (TSXV:DCOP) » Definitions » Interest Expense

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CAXPF:USA 22Q0:Germany

Address

700-838 West Hastings Street, Vancouver, BC, CAN, V6C 0A6

Website

https://www.districtcoppercorp.com

District Copper Corp is an exploration-stage company. Its principal business activity is the acquisition and exploration of mineral properties. The company's Projects include the Copper Keg project, the Stony Lake project, Eaglehead Property, and the Whiskey Jack Property.

Executives

Jevin Werbes

Director, Senior Officer

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