Miata Metals (XCNQ:MMET) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

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What is Miata Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Miata Metals's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Miata Metals's Operating Income for the three months ended in Dec. 2023 was C$ -0.15 Mil. Miata Metals's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Miata Metals 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.

Miata Metals Interest Expense Historical Data

The historical data trend for Miata Metals'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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Miata Metals Interest Expense Chart

Miata Metals Annual Data

Trend

Mar22

Mar23

Interest Expense

Miata Metals Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Miata Metals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Miata Metals (XCNQ:MMET) 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.

Miata Metals's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Miata Metals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Miata Metals had no long-term debt ⁽¹⁾.

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

Good Sign:

Miata Metals Corp has no debt.

Miata Metals (XCNQ:MMET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Miata Metals Corp (XCNQ:MMET) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2133-1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

Miata Metals Corp engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. It holds an interest in the Cabin Lake property.

Executives

Leonidas Karabelas

10% Security Holder

Miata Metals (XCNQ:MMET) Headlines

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