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Volta Metals (XCNQ:VLTA) Interest Expense : C$-0.00 Mil (TTM As of Jun. 2024)


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What is Volta Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Volta Metals's interest expense for the three months ended in Jun. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Volta Metals's Operating Income for the three months ended in Jun. 2024 was C$ -0.29 Mil. Volta Metals's Interest Expense for the three months ended in Jun. 2024 was C$ -0.00 Mil. Volta Metals 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.


Volta Metals Interest Expense Historical Data

The historical data trend for Volta 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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Volta Metals Interest Expense Chart

Volta Metals Annual Data
Trend Dec22 Dec23
Interest Expense
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Volta Metals Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial - - - - -

Volta 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 Jun. 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.


Volta Metals  (XCNQ:VLTA) 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.

Volta Metals's Interest Expense for the three months ended in Jun. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$0.00 Mil.

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

Volta Metals did not have earnings to cover the interest expense.

* 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.


Volta Metals Business Description

Traded in Other Exchanges
Address
390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2
Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.
Executives
Kerem Usenmez Senior Officer

Volta Metals Headlines

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