Inventus Mining (TSXV:IVS) Interest Expense : C$-0.01 Mil (TTM As of Mar. 2024)

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What is Inventus Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inventus Mining'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$-0.01 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. Inventus Mining's Operating Income for the three months ended in Mar. 2024 was C$ 0.01 Mil. Inventus Mining's Interest Expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. Inventus Mining's Interest Coverage for the quarter that ended in Mar. 2024 was 5.50. 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.

Inventus Mining Interest Expense Historical Data

The historical data trend for Inventus Mining'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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Inventus Mining Interest Expense Chart

Inventus Mining Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.02

-0.01

Inventus Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Inventus Mining 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$-0.01 Mil.

Inventus Mining (TSXV:IVS) 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.

Inventus Mining'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$0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.01 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.011	/	-0.002
	=	5.50

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

Inventus Mining (TSXV:IVS) Business Description

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GNGXF:USA

Address

82 Richmond Street East, Suite 200, Floor 1, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

https://www.inventusmining.com

Inventus Mining Corp is an exploration-stage company. It is engaged in the business of locating and exploring mineral properties. The company's key projects are the Pardo project and Sudbury 2.0 project. It has a single operating segment engaged in mineral exploration in Canada.

Executives

Stephan Michael Seydegart Spears

Director or Senior Officer of 10% Security Holder

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