Max Power Mining (XCNQ:MAXX) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Max Power Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Max Power Mining'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. Max Power Mining's Operating Income for the three months ended in Mar. 2024 was C$ -1.00 Mil. Max Power Mining's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Max Power Mining 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.

Max Power Mining Interest Expense Historical Data

The historical data trend for Max Power 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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Max Power Mining Interest Expense Chart

Max Power Mining Annual Data

Trend

Dec21

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Dec23

Interest Expense

Max Power Mining Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Max Power 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Max Power Mining (XCNQ:MAXX) 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.

Max Power Mining's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Max Power Mining's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Max Power Mining had no long-term debt ⁽¹⁾.

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

Good Sign:

Max Power Mining Corp has no debt.

Max Power Mining (XCNQ:MAXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Max Power Mining Corp (XCNQ:MAXX) » Definitions » Interest Expense

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MAXXF:USA 89N:Germany

Address

666 Burrard Street, Suite 2800, Park Place, Vancouver, BC, CAN, V6C 2Z7

Website

https://www.maxpowermining.com

Max Power Mining Corp is an exploration stage company focused on the exploration of mineral property in Ontario, Canada. It has two reportable operating segments, with the primary segment being the acquisition, exploration and evaluation of mineral resources properties.

Executives

Thomas William Clarke

Director

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