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Spark Energy Minerals (XCNQ:SPRK) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)


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What is Spark Energy Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spark Energy Minerals's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Spark Energy Minerals's Operating Income for the three months ended in Jan. 2024 was C$ -0.46 Mil. Spark Energy Minerals's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Spark Energy Minerals 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.


Spark Energy Minerals Interest Expense Historical Data

The historical data trend for Spark Energy Minerals'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.

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Spark Energy Minerals Interest Expense Chart

Spark Energy Minerals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
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Spark Energy Minerals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Spark Energy Minerals 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. 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.


Spark Energy Minerals  (XCNQ:SPRK) 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.

Spark Energy Minerals's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Spark Energy Minerals's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Spark Energy Minerals 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:

Spark Energy Minerals Inc has no debt.


Spark Energy Minerals (XCNQ:SPRK) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 702, Vancouver, BC, CAN, V6C 2T5
Spark Energy Minerals Inc is in the business of acquisition, exploration and evaluation of a mineral property. It is a Canadian company pursuing battery metals and mineral assets with newly acquired interests in Brazil and Canada. It also holds interests in prospective gold assets in Canada as a result of previous acquisitions in the precious metals space.
Executives
Nicholas Watters 10% Security Holder

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