Trench Metals (TSXV:TMC) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)

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What is Trench Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trench Metals's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Trench Metals's Operating Income for the three months ended in Jan. 2024 was C$ -0.06 Mil. Trench Metals's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Trench 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.

Trench Metals Interest Expense Historical Data

The historical data trend for Trench 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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Trench Metals Interest Expense Chart

Trench Metals Annual Data

Trend

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Interest Expense

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-0.01

Trench Metals Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

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

Trench Metals (TSXV:TMC) 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.

Trench Metals's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Trench Metals's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Trench Metals had no long-term debt ⁽¹⁾.

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

Good Sign:

Trench Metals Corp has no debt.

Trench Metals (TSXV:TMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Trench Metals Corp (TSXV:TMC) » Definitions » Interest Expense

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NVTQF:USA 33H2:Germany

Address

250 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T7

Website

https://www.trenchmetals.com

Trench Metals Corp is engaged in the business of exploration and mining metals. The company focuses on the Gorilla Lake Uranium Project and Higginson Lake Uranium Project.