Troy Minerals (XCNQ:TROY) Interest Expense : C$-0.00 Mil (TTM As of Feb. 2024)

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What is Troy Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Troy Minerals's interest expense for the three months ended in Feb. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. Troy Minerals's Operating Income for the three months ended in Feb. 2024 was C$ -0.92 Mil. Troy Minerals's Interest Expense for the three months ended in Feb. 2024 was C$ -0.00 Mil. Troy Minerals 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.

Troy Minerals Interest Expense Historical Data

The historical data trend for Troy Minerals'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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Troy Minerals Interest Expense Chart

Troy Minerals Annual Data

Trend

May22

May23

Interest Expense

Troy Minerals Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial						-	-	-	-	-

Troy Minerals 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 Mil.

Troy Minerals (XCNQ:TROY) 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.

Troy Minerals's Interest Expense for the three months ended in Feb. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

Troy Minerals's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Troy Minerals did not have earnings to cover the interest expense.

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

Troy Minerals (XCNQ:TROY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Troy Minerals Inc (XCNQ:TROY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TROYF:USA VJ3:Germany

Address

c/o 750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8

Website

https://www.troyminerals.com

Troy Minerals Inc is a mining exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties located in British Columbia, Canada. The company holds 100% interest in the Green Gold Property which consists of 12 mineral claims covering an area of approximately 7,587 hectares located near Prince George, British Columbia.

Executives

Rana Gurvinder Vig

Director, Senior Officer

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