Electric Metals (TSXV:EML) Interest Expense : C$-0.02 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Electric Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Electric Metals's interest expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.02 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. Electric Metals's Operating Income for the three months ended in Mar. 2024 was C$ -0.45 Mil. Electric Metals's Interest Expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. Electric Metals did not have earnings to cover the interest expense. 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.

Electric Metals Interest Expense Historical Data

The historical data trend for Electric Metals'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.

Electric Metals Interest Expense Chart

Electric Metals Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.02

-0.01

-0.02

Electric Metals Quarterly Data
	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-0.01	-	-0.01	-	-

Electric Metals 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

Electric Metals (TSXV:EML) 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.

Electric Metals's Interest Expense for the three months ended in Mar. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Electric Metals's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Electric Metals did not have earnings to cover the interest expense.

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

Electric Metals (TSXV:EML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Metals (USA) Ltd (TSXV:EML) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

EMUSF:USA

Address

365 Bay Street, Suite 800, Toronto, ON, CAN, M5H 2V1

Website

https://www.electricmetals.com

Electric Metals (USA) Ltd is a U.S.-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, including a National Instrument 43-101 Technical Report - Resource Estimate, with over US$26 million invested to date. The Company's mission in Minnesota is to become a domestic U.S. producer of high-purity, high-value manganese metal and chemical products for supply to U.S. energy, technology and industrial markets. With manganese plays a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America.