Midland Exploration (TSXV:MD) Interest Expense : C$-0.00 Mil (TTM As of Mar. 2024)

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What is Midland Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midland Exploration'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. Midland Exploration's Operating Income for the three months ended in Mar. 2024 was C$ -0.64 Mil. Midland Exploration's Interest Expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. Midland Exploration 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.

Midland Exploration Interest Expense Historical Data

The historical data trend for Midland Exploration'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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Midland Exploration Interest Expense Chart

Midland Exploration Annual Data

Trend

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Interest Expense

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-0.01

Midland Exploration Quarterly Data
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Midland Exploration 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.

Midland Exploration (TSXV:MD) 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.

Midland Exploration's Interest Expense for the three months ended in Mar. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Midland Exploration did not have earnings to cover the interest expense.

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

Midland Exploration (TSXV:MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Midland Exploration Inc (TSXV:MD) » Definitions » Interest Expense

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Traded in Other Exchanges

MIDLF:USA

Address

1, Place Ville Marie, Bureau 4000, Montreal, QC, CAN, H3B 4M4

Website

https://www.midlandexploration.com

Midland Exploration Inc is a company in the mining exploration business. The Corporation's operations include the acquisition and exploration of mining properties in Canada. The company has multiple projects comprising Adam, Casault, Heva, Jouvex, Laflamme, Lewis, Maritime-Cadillac, Mythril, Mythril Regional, Soissons, Nachicapau, Noyelles, Willbob, and others.

Executives

Jean Des Rivieres

Director