XXIX Metal (TSXV:XXIX) Interest Expense: C$-0.05 Mil (TTM As of Apr. 2026)


TSXV:XXIX XXIX Metal Corp TSXV:XXIX
36 GF Score
Price C$0.12
! 2 Warning Signs
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What is XXIX Metal Interest Expense?

XXIX Metal TSXV:XXIX 36 Interest Expense is C$-0.05 Mil as of Apr. 2026. GuruFocus rates TSXV:XXIX with a GF Score™ of 36/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XXIX Metal's interest expense for the three months ended in Apr. 2026 was C$ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2026 was C$-0.05 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. XXIX Metal's Operating Income for the three months ended in Apr. 2026 was C$ -1.03 Mil. XXIX Metal's Interest Expense for the three months ended in Apr. 2026 was C$ -0.05 Mil. XXIX Metal 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.


XXIX Metal  (TSXV:XXIX) 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.

XXIX Metal's Interest Expense for the three months ended in Apr. 2026 was C$-0.05 Mil. Its Operating Income for the three months ended in Apr. 2026 was C$-1.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2026 was C$0.00 Mil.

XXIX Metal's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

XXIX Metal did not have earnings to cover the interest expense.

* 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.


XXIX Metal Interest Expense Historical Data

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The historical data trend for XXIX Metal'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.

XXIX Metal Interest Expense Chart

XXIX Metal Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Expense
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XXIX Metal Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.05
TSXV:XXIX
36GF Score
XXIX Metal Corp TSXV:XXIX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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XXIX Metal 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.05 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of C$-0.05 Mil mean?
XXIX Metal (TSXV:XXIX) has a Interest Expense of C$-0.05 Mil as of Apr. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on XXIX Metal and its competitors.
Is XXIX Metal's Interest Expense too high?
XXIX Metal's current Interest Expense is C$-0.05 Mil. Overall, XXIX Metal has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does XXIX Metal's Interest Expense compare to SCCO and FCX?
XXIX Metal's Interest Expense of C$-0.05 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on XXIX Metal and its competitors. XXIX Metal's current Interest Expense is C$-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XXIX Metal stock overvalued right now?
XXIX Metal (TSXV:XXIX) has a current Interest Expense of C$-0.05 Mil. The current Interest Expense is C$-0.05 Mil. XXIX Metal's overall GF Score™ is 36/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For XXIX Metal (TSXV:XXIX), the current Interest Expense is C$-0.05 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

XXIX Metal Business Description

Other Exchanges QCCUF:USA5LW0:Germany
Address 141 Adelaide Street West, Suite 1102, Toronto, ON, CAN, M5H 3L5
XXIX Metal Corp is engaged in the business activity of the exploration, development, and production of exploration and evaluation assets in Canada. The company is advancing its Cooke-Robitaille Property, Opemiska Property, Roger Property, and Thierry projects.
36GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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