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Terra Balcanica Resources (XCNQ:TERA) Interest Expense : C$0.00 Mil (TTM As of Jul. 2024)


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What is Terra Balcanica Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Terra Balcanica Resources's interest expense for the three months ended in Jul. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 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. Terra Balcanica Resources's Operating Income for the three months ended in Jul. 2024 was C$ -0.25 Mil. Terra Balcanica Resources's Interest Expense for the three months ended in Jul. 2024 was C$ 0.00 Mil. Terra Balcanica Resources 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.


Terra Balcanica Resources Interest Expense Historical Data

The historical data trend for Terra Balcanica Resources'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.

* Premium members only.

Terra Balcanica Resources Interest Expense Chart

Terra Balcanica Resources Annual Data
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Terra Balcanica Resources Quarterly Data
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Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Terra Balcanica Resources 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 Jul. 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.


Terra Balcanica Resources  (XCNQ:TERA) 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.

Terra Balcanica Resources's Interest Expense for the three months ended in Jul. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jul. 2024 was C$-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was C$0.00 Mil.

Terra Balcanica Resources's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Terra Balcanica Resources 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:

Terra Balcanica Resources Corp has no debt.


Terra Balcanica Resources Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 250, Vancouver, BC, CAN, V6C 3L6
Terra Balcanica Resources Corp is a Canadian polymetallic resources explorer. Its operational focus is on the prolific Western Tethyan Metallogenic Belt. It is a natural resource corporation principally engaged in the exploration and development of the Viogor-Zanik Project located in eastern Bosnia and Herzegovina. It also seeks to identify, investigate, evaluate, and acquire other mineral property opportunities located in the Balkan region of Eastern Europe and currently has one mineral property under option in Serbia, the Kaludra Project, as well as an application for a mineral exploration license from the Ministry of Mines and Energy of the Republic of Serbia regarding applied geological research of zinc, silver, copper, gold and any accompanying metals.
Executives
Aleksandar Miskovic 10% Security Holder, Director, Senior Officer
Aleksandar Ilic 10% Security Holder, Director
Kim David Morris Oishi Director
Brandon Gennaro Bonifacio Director
Giulio Bonifacio Director

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