Radio Fuels Energy (XCNQ:CAKE) Interest Expense : C$0.00 Mil (TTM As of Feb. 2024)

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What is Radio Fuels Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radio Fuels Energy'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. Radio Fuels Energy's Operating Income for the three months ended in Feb. 2024 was C$ -0.22 Mil. Radio Fuels Energy's Interest Expense for the three months ended in Feb. 2024 was C$ 0.00 Mil. Radio Fuels Energy 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.

Radio Fuels Energy Interest Expense Historical Data

The historical data trend for Radio Fuels Energy'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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Radio Fuels Energy Interest Expense Chart

Radio Fuels Energy Annual Data

Trend

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Interest Expense

Radio Fuels Energy Quarterly Data
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Radio Fuels Energy 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.

Radio Fuels Energy (XCNQ:CAKE) 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.

Radio Fuels Energy's Interest Expense for the three months ended in Feb. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

Radio Fuels Energy's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Radio Fuels Energy had no long-term debt ⁽¹⁾.

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

Good Sign:

Radio Fuels Energy Corp has no debt.

Radio Fuels Energy (XCNQ:CAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Radio Fuels Energy Corp (XCNQ:CAKE) » Definitions » Interest Expense

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CKEFF:USA

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.radiofuels.ca

Radio Fuels Energy Corp is a mineral resource company in the development stage that is engaged in the acquisition of interests and in the exploration of, mineral resource properties. Radio Fuel's flagship property is owned by Eco Ridge Project located in Elliot Lake pounds of uranium oxide were mined from conglomerate beds by Rio Algom and Denison Mines.

Executives

Philip O'neill

Director, Senior Officer