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Mabel Ventures (XCNQ:MBL) Interest Expense : C$0.00 Mil (TTM As of Nov. 2024)


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What is Mabel Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mabel Ventures's interest expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 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. Mabel Ventures's Operating Income for the three months ended in Nov. 2024 was C$ -0.09 Mil. Mabel Ventures's Interest Expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Mabel Ventures 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.


Mabel Ventures Interest Expense Historical Data

The historical data trend for Mabel Ventures'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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Mabel Ventures Interest Expense Chart

Mabel Ventures Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug20 Aug21 Aug22 Aug23 Aug24
Interest Expense
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Mabel Ventures Quarterly Data
Feb15 May15 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Mabel Ventures 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 Nov. 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.


Mabel Ventures  (XCNQ:MBL) 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.

Mabel Ventures's Interest Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was C$-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was C$0.00 Mil.

Mabel Ventures's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Mabel Ventures 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:

Mabel Ventures Inc has no debt.


Mabel Ventures Business Description

Traded in Other Exchanges
N/A
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
Mabel Ventures Inc is an junior mining exploration company with a focus on the exploration and development of the Bonanza Gold Property.