Interconnect Ventures (TSXV:IVC.H) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Interconnect Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Interconnect Ventures's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Interconnect Ventures's Operating Income for the three months ended in Mar. 2024 was C$ -0.02 Mil. Interconnect Ventures's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Interconnect Ventures 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.

Interconnect Ventures Interest Expense Historical Data

The historical data trend for Interconnect Ventures'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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Interconnect Ventures Interest Expense Chart

Interconnect Ventures Annual Data

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Interconnect Ventures Quarterly Data
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Interconnect Ventures 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$0.00 Mil.

Interconnect Ventures (TSXV:IVC.H) 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.

Interconnect Ventures's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Interconnect Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interconnect Ventures had no long-term debt ⁽¹⁾.

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

Good Sign:

Interconnect Ventures Corp has no debt.

Interconnect Ventures (TSXV:IVC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Interconnect Ventures Corp (TSXV:IVC.H) » Definitions » Interest Expense

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Address

c/o 885 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6C 3H1

Website

Interconnect Ventures Corp is a Canada-based mining company. It is principally engaged in the business of acquisition and exploration of resource properties in Canada.

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