Vendetta Mining (TSXV:VTT) Interest Expense : C$-0.01 Mil (TTM As of Feb. 2024)

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What is Vendetta Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vendetta Mining's interest expense for the three months ended in Feb. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.01 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. Vendetta Mining's Operating Income for the three months ended in Feb. 2024 was C$ -0.17 Mil. Vendetta Mining's Interest Expense for the three months ended in Feb. 2024 was C$ -0.00 Mil. Vendetta Mining 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.

Vendetta Mining Interest Expense Historical Data

The historical data trend for Vendetta Mining'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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Vendetta Mining Interest Expense Chart

Vendetta Mining Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Interest Expense

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-0.04

-1.13

-0.28

-0.25

-0.01

Vendetta Mining Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Vendetta Mining 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 Mil.

Vendetta Mining (TSXV:VTT) 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.

Vendetta Mining's Interest Expense for the three months ended in Feb. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.01 Mil.

Vendetta Mining's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Vendetta Mining did not have earnings to cover the interest expense.

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

Vendetta Mining (TSXV:VTT) Business Description

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VDTAF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.vendettaminingcorp.com

Vendetta Mining Corp. is a Canadian junior exploration company engaged in acquiring, exploring, and developing mineral properties with an emphasis on Lead and zinc. It is focused on the Pegmont Lead-Zinc project located in northwest Queensland, Australia. The company's business consists of one reportable segment being Resource Exploration.

Executives

Michael Jeffrey Williams

Director

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