Leading Edge Materials (TSXV:LEM) Interest Expense : C$-0.05 Mil (TTM As of Jan. 2024)

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What is Leading Edge Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leading Edge Materials's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.05 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. Leading Edge Materials's Operating Income for the three months ended in Jan. 2024 was C$ -0.66 Mil. Leading Edge Materials's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Leading Edge Materials 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.

Leading Edge Materials Interest Expense Historical Data

The historical data trend for Leading Edge Materials'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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Leading Edge Materials Interest Expense Chart

Leading Edge Materials Annual Data

Trend

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Interest Expense

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-0.01

Leading Edge Materials Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-	-0.05	-	-	-

Leading Edge Materials 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.05 Mil.

Leading Edge Materials (TSXV:LEM) 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.

Leading Edge Materials's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Leading Edge Materials's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Leading Edge Materials had no long-term debt ⁽¹⁾.

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

Leading Edge Materials (TSXV:LEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leading Edge Materials Corp (TSXV:LEM) » Definitions » Interest Expense

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LEMIF:USA LEMSE:Sweden 7FL:Germany

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.leadingedgematerials.com

Leading Edge Materials Corp is a Canada based exploration company. It is involved in the exploration and development of resource properties in Sweden and Finland with corporate operations in Canada. The company is focused on the supply of the materials needed for the generation, storage, and preservation of low carbon energy. The properties owned by the company are Woxna Graphite Mine located in central Sweden, and Norra Karr Mine, a rare earth element resource, located in south-central Sweden, and Bergby project.

Executives

Lars-eric Johansson

Director

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