QNB Metals (XCNQ:TIM.X) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)

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What is QNB Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. QNB Metals's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. QNB Metals's Operating Income for the three months ended in Jan. 2024 was C$ -0.08 Mil. QNB Metals's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. QNB 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.

QNB Metals Interest Expense Historical Data

The historical data trend for QNB 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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QNB Metals Interest Expense Chart

QNB Metals Annual Data

Trend

Apr21

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Interest Expense

QNB Metals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

QNB 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

QNB Metals (XCNQ:TIM.X) 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.

QNB Metals's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

QNB Metals's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

QNB Metals had no long-term debt ⁽¹⁾.

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

Good Sign:

QNB Metals Inc has no debt.

QNB Metals (XCNQ:TIM.X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QNB Metals Inc (XCNQ:TIM.X) » Definitions » Interest Expense

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Address

1000 Sherbrooke Street West, No. 2700, Montreal, QC, CAN, H3A 3G4

Website

QNB Metals Inc is an exploration and development company engaged in the exploration of the Lac La Chesnaye Property, Goodwin Lake property, and North West Miramichi property located in the province of Quebec, Canada.

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