La Imperial Resources (XCNQ:LAI.X) Interest Expense : C$0.00 Mil (TTM As of Feb. 2024)

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What is La Imperial Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. La Imperial Resources's interest expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. La Imperial Resources's Operating Income for the three months ended in Feb. 2024 was C$ -0.01 Mil. La Imperial Resources's Interest Expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. La Imperial 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.

La Imperial Resources Interest Expense Historical Data

The historical data trend for La Imperial 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.

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La Imperial Resources Interest Expense Chart

La Imperial Resources Annual Data

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Interest Expense

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La Imperial Resources Quarterly Data
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La Imperial 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

La Imperial Resources (XCNQ:LAI.X) 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.

La Imperial Resources's Interest Expense for the three months ended in Feb. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

La Imperial Resources's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

La Imperial Resources had no long-term debt ⁽¹⁾.

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

La Imperial Resources (XCNQ:LAI.X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » La Imperial Resources Inc (XCNQ:LAI.X) » Definitions » Interest Expense

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Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 2X8

Website

La Imperial Resources Inc is a Canada-based mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company holds an interest in La Kathrina which consists of mining concessions in the state of Chichuahua, Mexico.

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