Appia Rare Earths & Uranium (XCNQ:API) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

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What is Appia Rare Earths & Uranium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Appia Rare Earths & Uranium'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. Appia Rare Earths & Uranium's Operating Income for the three months ended in Dec. 2023 was C$ -0.54 Mil. Appia Rare Earths & Uranium's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Appia Rare Earths & Uranium 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.

Appia Rare Earths & Uranium Interest Expense Historical Data

The historical data trend for Appia Rare Earths & Uranium'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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Appia Rare Earths & Uranium Interest Expense Chart

Appia Rare Earths & Uranium Annual Data

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Interest Expense

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Appia Rare Earths & Uranium Quarterly Data
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Appia Rare Earths & Uranium 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.

Appia Rare Earths & Uranium (XCNQ:API) 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.

Appia Rare Earths & Uranium's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Appia Rare Earths & Uranium's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Appia Rare Earths & Uranium had no long-term debt ⁽¹⁾.

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

Good Sign:

Appia Rare Earths & Uranium Corp has no debt.

Appia Rare Earths & Uranium (XCNQ:API) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Appia Rare Earths & Uranium Corp (XCNQ:API) » Definitions » Interest Expense

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Traded in Other Exchanges

APAAF:USA A0I0:Germany

Address

2 Toronto Street, Suite 500, Toronto, ON, CAN, M5C 2B6

Website

https://www.appiareu.com

Appia Rare Earths & Uranium Corp operates as a mineral exploration company in Canada. It explores uranium and rare earth elements. The company holds interests in Alces Lake rare earth project as well as its Athabasca Basin uranium prospects.

Executives

Stephen Burega

Senior Officer