Targa Exploration (XCNQ:TEX) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Targa Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Targa Exploration'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. Targa Exploration's Operating Income for the three months ended in Dec. 2023 was C$ -0.82 Mil. Targa Exploration's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Targa Exploration 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.

Targa Exploration Interest Expense Historical Data

The historical data trend for Targa Exploration'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.

Targa Exploration Interest Expense Chart

Targa Exploration Annual Data

Trend

Mar20

Mar21

Mar22

Interest Expense

Targa Exploration Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial						-	-	-	-	-

Targa Exploration 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.

Targa Exploration (XCNQ:TEX) 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.

Targa Exploration's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

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

Targa Exploration had no long-term debt ⁽¹⁾.

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

Good Sign:

Targa Exploration Corp has no debt.

Targa Exploration (XCNQ:TEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Targa Exploration Corp (XCNQ:TEX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TRGEF:USA V6Y:Germany

Address

1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7

Website

https://www.targaexploration.com

Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and others.

Executives

Andrew Rockandel

Director