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VCVVF (Vatic Ventures) Interest Expense : $-0.00 Mil (TTM As of Nov. 2024)


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What is Vatic Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vatic Ventures's interest expense for the three months ended in Nov. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was $-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. Vatic Ventures's Operating Income for the three months ended in Nov. 2024 was $ -0.05 Mil. Vatic Ventures's Interest Expense for the three months ended in Nov. 2024 was $ -0.00 Mil. Vatic Ventures 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.

Vatic Ventures Interest Expense Historical Data

The historical data trend for Vatic Ventures'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.

* Premium members only.

Vatic Ventures Interest Expense Chart

Vatic Ventures Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
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Vatic Ventures Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Aug24 Nov24
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Vatic Ventures 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 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.

Vatic Ventures  (OTCPK:VCVVF) 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.

Vatic Ventures's Interest Expense for the three months ended in Nov. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was $0.04 Mil.

Vatic Ventures's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Vatic Ventures 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.

Vatic Ventures Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vatic Ventures Corp (OTCPK:VCVVF) » Definitions » Interest Expense
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Traded in Other Exchanges
VCV:Canada
Address
1400 - 1040 West Georgia Street, Vancouver, BC, CAN, V6E 4H1
Website
https://www.vaticventures.com
Vatic Ventures Corp is a junior resource exploration company that is involved in the acquisition and exploration of mineral properties.