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Fireweed Metals (TSXV:FWZ) Interest Expense : C$-0.07 Mil (TTM As of Dec. 2023)


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What is Fireweed Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fireweed Metals's interest expense for the three months ended in Dec. 2023 was C$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.07 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. Fireweed Metals's Operating Income for the three months ended in Dec. 2023 was C$ -9.16 Mil. Fireweed Metals's Interest Expense for the three months ended in Dec. 2023 was C$ -0.03 Mil. Fireweed Metals 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.


Fireweed Metals Interest Expense Historical Data

The historical data trend for Fireweed Metals'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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Fireweed Metals Interest Expense Chart

Fireweed Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - - - -0.07

Fireweed Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only - - - -0.04 -0.03

Fireweed Metals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 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.


Fireweed Metals  (TSXV:FWZ) 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.

Fireweed Metals's Interest Expense for the three months ended in Dec. 2023 was C$-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-9.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.31 Mil.

Fireweed Metals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Fireweed Metals 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.


Fireweed Metals (TSXV:FWZ) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
Fireweed Metals Corp is a mineral exploration and development company engaged in the acquisition and exploration of mineral assets in Canada. The Company had three projects in northern Canada, the Macmillan Pass Project (Yukon), the Mactung Project (Yukon/NWT), and the Gayna River Zinc Project (NWT).
Executives
Adrian Rothwell Director
Peter Timothy Hemstead Director
Kelly Bateman Senior Officer

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