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Arctic Fox Lithium (XCNQ:AFX) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)


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What is Arctic Fox Lithium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arctic Fox Lithium's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Arctic Fox Lithium's Operating Income for the three months ended in Dec. 2023 was C$ -0.20 Mil. Arctic Fox Lithium's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Arctic Fox Lithium 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.


Arctic Fox Lithium Interest Expense Historical Data

The historical data trend for Arctic Fox Lithium'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.

Arctic Fox Lithium Interest Expense Chart

Arctic Fox Lithium Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Interest Expense
- - - -0.02

Arctic Fox Lithium Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Arctic Fox Lithium 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


Arctic Fox Lithium  (XCNQ:AFX) 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.

Arctic Fox Lithium's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Arctic Fox Lithium's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Arctic Fox Lithium had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Arctic Fox Lithium Corp has enough cash to cover all of its debt. Its financial situation is stable.


Arctic Fox Lithium (XCNQ:AFX) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3
Arctic Fox Lithium Corp is a mineral exploration company. Its projects include Pontax North Lithium Project, Kana Lake Lithium Project, Delta Lake Lithium project and Spius copper property.
Executives
Harry Chew 10% Security Holder, Director, Senior Officer

Arctic Fox Lithium (XCNQ:AFX) Headlines

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