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Colonial Coal International (TSXV:CAD) Interest Expense : C$-0.01 Mil (TTM As of Jan. 2024)


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What is Colonial Coal International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Colonial Coal International'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$-0.01 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. Colonial Coal International's Operating Income for the three months ended in Jan. 2024 was C$ -0.73 Mil. Colonial Coal International's Interest Expense for the three months ended in Jan. 2024 was C$ -0.00 Mil. Colonial Coal International 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.


Colonial Coal International Interest Expense Historical Data

The historical data trend for Colonial Coal International'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.

Colonial Coal International Interest Expense Chart

Colonial Coal International Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.02 -0.01 -0.01

Colonial Coal International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Colonial Coal International 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$-0.01 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.


Colonial Coal International  (TSXV:CAD) 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.

Colonial Coal International's Interest Expense for the three months ended in Jan. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Colonial Coal International's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Colonial Coal International 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.


Colonial Coal International (TSXV:CAD) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2T5
Colonial Coal International Corp is an pure-play metallurgical coal development company. Principally, it is engaged in the acquisition, exploration, and development of coal properties located in Canada. Its projects include the Flatbed project; Huguenot project as well as Watson Island. It holds interests in two resource-stage coal properties in the Peace River Coalfield of northeastern British Columbia, Canada: namely, the Huguenot and Flatbed properties.
Executives
Rosseau Asset Management Ltd. 10% Security Holder

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