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Surge Battery Metals (TSXV:NILI) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)


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What is Surge Battery Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Surge Battery Metals's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Surge Battery Metals's Operating Income for the three months ended in Dec. 2023 was C$ -2.92 Mil. Surge Battery Metals's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Surge Battery Metals 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.


Surge Battery Metals Interest Expense Historical Data

The historical data trend for Surge Battery Metals'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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Surge Battery Metals Interest Expense Chart

Surge Battery Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Surge Battery Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Surge Battery Metals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* 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.


Surge Battery Metals  (TSXV:NILI) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Surge Battery Metals's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-2.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Surge Battery Metals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Surge Battery Metals had no long-term debt (1).

* 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.

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

Good Sign:

Surge Battery Metals Inc has no debt.


Surge Battery Metals (TSXV:NILI) Business Description

Traded in Other Exchanges
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Surge Battery Metals Inc is an exploration stage company engaged in the acquisition, exploration, and development of battery metal targets. It focuses on the exploration of nickel-iron alloys in British Columbia and lithium in Nevada.
Executives
Brian Morrison Senior Officer

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