Interra Copper (XCNQ:IMCX) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Interra Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Interra Copper's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Interra Copper's Operating Income for the three months ended in Mar. 2024 was C$ -0.47 Mil. Interra Copper's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Interra Copper 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.

Interra Copper Interest Expense Historical Data

The historical data trend for Interra 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.

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Interra Copper Interest Expense Chart

Interra Copper Annual Data

Trend

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Interest Expense

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Interra Copper Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Interra 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Interra Copper (XCNQ:IMCX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interra Copper's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Interra Copper's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interra Copper had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Interra Copper Corp has no debt.

Interra Copper (XCNQ:IMCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Interra Copper Corp (XCNQ:IMCX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IMIMF:USA 3MX:Germany

Address

550 Burrard Street, Suite 1008, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.interracopper.com

Interra Copper Corpy is a junior mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties in British Columbia, Canada. The company has one mineral exploration property, which is the Thane Property located in north-central British Columbia and the Chuck Creek Property located in central British Columbia. The Thane property is predominantly underlain by intrusive rocks of the Hogem Plutonic Suite.

Executives

Jason Alexander Wolfgang Nickel

Director, Senior Officer

Interra Copper (XCNQ:IMCX) Headlines

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