Leocor Mining (XCNQ:LECR) Interest Expense : C$-0.04 Mil (TTM As of Oct. 2024)

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What is Leocor Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leocor Mining's interest expense for the three months ended in Oct. 2024 was C$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was C$-0.04 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. Leocor Mining's Operating Income for the three months ended in Oct. 2024 was C$ -0.05 Mil. Leocor Mining's Interest Expense for the three months ended in Oct. 2024 was C$ -0.04 Mil. Leocor Mining 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.

Leocor Mining Interest Expense Historical Data

The historical data trend for Leocor Mining'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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Leocor Mining Interest Expense Chart

Leocor Mining Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Interest Expense

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-0.01

-0.04

Leocor Mining Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-	-	-0.04

Leocor Mining 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Leocor Mining (XCNQ:LECR) 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.

Leocor Mining's Interest Expense for the three months ended in Oct. 2024 was C$-0.04 Mil. Its Operating Income for the three months ended in Oct. 2024 was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was C$0.00 Mil.

Leocor Mining's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Leocor Mining did not have earnings to cover the interest expense.

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

Leocor Mining Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leocor Mining Inc (XCNQ:LECR) » Definitions » Interest Expense

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LECRF:USA LGO0:Germany

Address

750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7

Website

https://www.leocorgold.com

Leocor Mining Inc is engaged in acquiring and exploring copper-gold porphyry mineral properties, focusing on British Columbia, Canada. Project includes Robert's Arm Project, Dorset Gold Project, Five Mile Brook and Copper Creek Project, and other.

Executives

Brian Shin

Director

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