Norden Crown Metals (TSXV:NOCR) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Norden Crown Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norden Crown Metals'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. Norden Crown Metals's Operating Income for the three months ended in Mar. 2024 was C$ -0.09 Mil. Norden Crown Metals's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Norden Crown 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.

Norden Crown Metals Interest Expense Historical Data

The historical data trend for Norden Crown 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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Norden Crown Metals Interest Expense Chart

Norden Crown Metals Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.01

-0.11

-0.06

-0.01

Norden Crown Metals 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															-	-	-	-	-

Norden Crown 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Norden Crown Metals (TSXV:NOCR) 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.

Norden Crown Metals's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Norden Crown Metals's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Norden Crown Metals had no long-term debt ⁽¹⁾.

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

Good Sign:

Norden Crown Metals Corp has no debt.

Norden Crown Metals (TSXV:NOCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norden Crown Metals Corp (TSXV:NOCR) » Definitions » Interest Expense

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Traded in Other Exchanges

NOCRF:USA 03E:Germany

Address

233 West 1st Street, Suite 340, North Vancouver, Vancouver, BC, CAN, V7M 1B3

Website

http://www.nordencrownmetals.com

Norden Crown Metals Corp is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits. It is engaged in one business activity, which is the exploration of base and precious metals. The company's projects include the Gumsberg VMS project and the Burfjord IOCG project.

Executives

David Thornley-hall

Senior Officer

Norden Crown Metals (TSXV:NOCR) Headlines

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