Starmet Ventures (XCNQ:STAR) Interest Expense : C$-0.00 Mil (TTM As of Mar. 2024)

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What is Starmet Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Starmet Ventures'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. Starmet Ventures's Operating Income for the three months ended in Mar. 2024 was C$ -0.04 Mil. Starmet Ventures's Interest Expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. Starmet Ventures 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.

Starmet Ventures Interest Expense Historical Data

The historical data trend for Starmet 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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Starmet Ventures Interest Expense Chart

Starmet Ventures Annual Data

Trend

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Interest Expense

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

Starmet Ventures (XCNQ:STAR) 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.

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

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

Starmet Ventures did not have earnings to cover the interest expense.

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

Starmet Ventures (XCNQ:STAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starmet Ventures Inc (XCNQ:STAR) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No.303 - 1687 West Broadway, Vancouver, BC, CAN, V6J 1X2

Website

Starmet Ventures Inc engages in the exploration of mineral resource properties with an emphasis on the Property located in Esmeralda County, Nevada. It holds a 100% interest in the JPL Project. It has one reportable operating segment, being the acquisition and exploration of exploration and evaluation assets.

Executives

Ohad David

Director, Senior Officer

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