GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Buscando Resources Corp (XCNQ:BRCO.X) » Definitions » Interest Expense

Buscando Resources (XCNQ:BRCO.X) Interest Expense : C$0.00 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Buscando Resources Interest Expense?

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


Buscando Resources Interest Expense Historical Data

The historical data trend for Buscando Resources'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.

Buscando Resources Interest Expense Chart

Buscando Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
- - - -

Buscando Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Buscando Resources 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 Sep. 2024 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.


Buscando Resources  (XCNQ:BRCO.X) 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.

Buscando Resources's Interest Expense for the three months ended in Sep. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.00 Mil.

Buscando Resources's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Buscando Resources 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. Buscando Resources Corp has enough cash to cover all of its debt. Its financial situation is stable.


Buscando Resources Business Description

Traded in Other Exchanges
N/A
Address
2912 West Broadway Street, Unit 309, Vancouver, BC, CAN, V6K 0E9
Buscando Resources Corp is a mining company engaged in the acquisition, exploration, and development of mineral properties.

Buscando Resources Headlines

No Headlines