Quri-Mayu Developments (TSXV:QURI) Interest Expense : C$0.00 Mil (TTM As of Jan. 2025)

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What is Quri-Mayu Developments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quri-Mayu Developments's interest expense for the three months ended in Jan. 2025 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 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. Quri-Mayu Developments's Operating Income for the three months ended in Jan. 2025 was C$ -0.11 Mil. Quri-Mayu Developments's Interest Expense for the three months ended in Jan. 2025 was C$ 0.00 Mil. Quri-Mayu Developments 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.

Quri-Mayu Developments Interest Expense Historical Data

The historical data trend for Quri-Mayu Developments'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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Quri-Mayu Developments Interest Expense Chart

Quri-Mayu Developments Annual Data

Trend

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Interest Expense

Quri-Mayu Developments Quarterly Data
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Quri-Mayu Developments 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Quri-Mayu Developments (TSXV:QURI) 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.

Quri-Mayu Developments's Interest Expense for the three months ended in Jan. 2025 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2025 was C$-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was C$0.00 Mil.

Quri-Mayu Developments's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Quri-Mayu Developments had no long-term debt ⁽¹⁾.

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

Good Sign:

Quri-Mayu Developments Ltd has no debt.

Quri-Mayu Developments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quri-Mayu Developments Ltd (TSXV:QURI) » Definitions » Interest Expense

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Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://quri-mayu.ca

Quri-Mayu Developments Ltd is engaged in the identification, evaluation, and acquisition of mineral properties, as well as the exploration of mineral properties.

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