M3 Capital (TSXV:MCT.P) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is M3 Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M3 Capital'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. M3 Capital's Operating Income for the three months ended in Mar. 2024 was C$ -0.02 Mil. M3 Capital's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. M3 Capital 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.

M3 Capital Interest Expense Historical Data

The historical data trend for M3 Capital'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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M3 Capital Interest Expense Chart

M3 Capital Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

M3 Capital Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-	-	-	-	-

M3 Capital 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.

M3 Capital (TSXV:MCT.P) 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.

M3 Capital'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.

M3 Capital's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

M3 Capital had no long-term debt ⁽¹⁾.

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

Good Sign:

M3 Capital Corp has no debt.

M3 Capital (TSXV:MCT.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » M3 Capital Corp (TSXV:MCT.P) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

333 - 7th Avenue SW, Suite 800 Dome Tower, Calgary, AB, CAN, T2P 2Z1

Website

https://www.m3cp.com

M3 Capital Corp is a capital pool company.

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