Quebec Nickel (XCNQ:QNI) Interest Expense : C$0.00 Mil (TTM As of Jun. 2024)

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What is Quebec Nickel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quebec Nickel's interest expense for the three months ended in Jun. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Quebec Nickel's Operating Income for the three months ended in Jun. 2024 was C$ -0.17 Mil. Quebec Nickel's Interest Expense for the three months ended in Jun. 2024 was C$ 0.00 Mil. Quebec Nickel 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.

Quebec Nickel Interest Expense Historical Data

The historical data trend for Quebec Nickel'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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Quebec Nickel Interest Expense Chart

Quebec Nickel Annual Data

Trend

Mar21

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Mar24

Interest Expense

Quebec Nickel Quarterly Data
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Quebec Nickel 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Quebec Nickel (XCNQ:QNI) 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.

Quebec Nickel's Interest Expense for the three months ended in Jun. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$0.00 Mil.

Quebec Nickel's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Quebec Nickel had no long-term debt ⁽¹⁾.

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

Good Sign:

Quebec Nickel Corp has no debt.

Quebec Nickel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Nickel Corp (XCNQ:QNI) » Definitions » Interest Expense

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Traded in Other Exchanges

QNICF:USA

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.quebecnickel.com

Quebec Nickel Corp is engaged in the acquisition and exploration of mineral property assets. The company is involved in a single project namely the Ducros project.

Executives

David Patterson	Senior Officer
Ming Jang	Senior Officer
Hani John Zabaneh	Director

Quebec Nickel Headlines

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