GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Copper Inc (XCNQ:CCI) » Definitions » Interest Expense

Canadian Copper (XCNQ:CCI) Interest Expense : C$-0.31 Mil (TTM As of Jan. 2025)


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

What is Canadian Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canadian Copper's interest expense for the three months ended in Jan. 2025 was C$ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was C$-0.31 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. Canadian Copper's Operating Income for the three months ended in Jan. 2025 was C$ -0.55 Mil. Canadian Copper's Interest Expense for the three months ended in Jan. 2025 was C$ -0.09 Mil. Canadian Copper 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.


Canadian Copper Interest Expense Historical Data

The historical data trend for Canadian Copper'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.

Canadian Copper Interest Expense Chart

Canadian Copper Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Interest Expense
- - - -0.22

Canadian Copper Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - - - -0.22 -0.09

Canadian Copper 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.31 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.


Canadian Copper  (XCNQ:CCI) 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.

Canadian Copper's Interest Expense for the three months ended in Jan. 2025 was C$-0.09 Mil. Its Operating Income for the three months ended in Jan. 2025 was C$-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was C$0.00 Mil.

Canadian Copper's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Canadian Copper 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.


Canadian Copper Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Canadian Copper Inc is a Canadian-based company. The company is a resource exploration company with a focus on the exploration and acquisition of copper assets in New Brunswick. The company is engaged in the identification, evaluation, and acquisition of mineral properties in Canada. Company has following projects: Turgeon Project, Murray Brook West Project, Chester Project, Legacy Project, Brunswick Cards Project.
Executives
Simon Quick Senior Officer
Marcel Robillard Director