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55 North Mining (XCNQ:FFF) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)


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What is 55 North Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 55 North Mining'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. 55 North Mining's Operating Income for the three months ended in Dec. 2023 was C$ -0.29 Mil. 55 North Mining's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. GuruFocus does not calculate 55 North Mining's interest coverage with the available data. 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.


55 North Mining Interest Expense Historical Data

The historical data trend for 55 North Mining'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.

55 North Mining Interest Expense Chart

55 North Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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55 North Mining Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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55 North Mining 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.

* 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.


55 North Mining  (XCNQ:FFF) 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.

55 North Mining's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.04 Mil.

55 North Mining's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate 55 North Mining's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. 55 North Mining Inc has enough cash to cover all of its debt. Its financial situation is stable.


55 North Mining (XCNQ:FFF) Business Description

Traded in Other Exchanges
N/A
Address
401 Bay Street, Suite 2702, Toronto, ON, CAN, M5H 2Y4
55 North Mining Inc is engaged in the acquisition, exploration, development and extraction of natural resources, specifically precious metals. It is an exploration and development company advancing its high-grade Last Hope Gold Project located in Manitoba, Canada.

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