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CBLT (CBBLF) Interest Expense : $0.00 Mil (TTM As of May. 2024)


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What is CBLT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CBLT's interest expense for the three months ended in May. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was $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. CBLT's Operating Income for the three months ended in May. 2024 was $ 0.06 Mil. CBLT's Interest Expense for the three months ended in May. 2024 was $ 0.00 Mil. CBLT 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.


CBLT Interest Expense Historical Data

The historical data trend for CBLT'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.

CBLT Interest Expense Chart

CBLT Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Expense
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CBLT Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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CBLT 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.


CBLT  (OTCPK:CBBLF) 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.

CBLT's Interest Expense for the three months ended in May. 2024 was $0.00 Mil. Its Operating Income for the three months ended in May. 2024 was $0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was $0.00 Mil.

CBLT's Interest Coverage for the quarter that ended in May. 2024 is calculated as

CBLT had no long-term debt (1).

* 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. CBLT Inc has enough cash to cover all of its debt. Its financial situation is stable.


CBLT Business Description

Traded in Other Exchanges
Address
3310 South Service Road, Suite 200, Burlington, ON, CAN, L7N 3M6
CBLT Inc is a Canada based mineral exploration company. The company is engaged in the business of acquiring, exploring, and dealing with mineral properties. Its exploration and evaluation assets include Copper Prince, Dryden Cobalt, Chilton Cobalt, Otto Lake, Geneva Lake, Gowganda, and others. All the company's activities are conducted in Canada.

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