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First Atlantic Nickel (TSXV:FAN) Interest Expense : C$-0.00 Mil (TTM As of Oct. 2023)


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What is First Atlantic Nickel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Atlantic Nickel's interest expense for the three months ended in Oct. 2023 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 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. First Atlantic Nickel's Operating Income for the three months ended in Oct. 2023 was C$ -0.37 Mil. First Atlantic Nickel's Interest Expense for the three months ended in Oct. 2023 was C$ -0.00 Mil. First Atlantic Nickel 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.


First Atlantic Nickel Interest Expense Historical Data

The historical data trend for First Atlantic 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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First Atlantic Nickel Interest Expense Chart

First Atlantic Nickel Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Interest Expense
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First Atlantic Nickel Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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First Atlantic 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 Oct. 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.


First Atlantic Nickel  (TSXV:FAN) 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.

First Atlantic Nickel's Interest Expense for the three months ended in Oct. 2023 was C$-0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$0.00 Mil.

First Atlantic Nickel's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

First Atlantic Nickel did not have earnings to cover the interest expense.

* 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.


First Atlantic Nickel (TSXV:FAN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Avante Mining Corp, formerly ArcPacific Resources Corp is a Canadian-based exploration company expanding its exploration initiative on multiple projects which include past-producing gold and silver-gold-copper mines in the Timmins gold camp, in Ontario, and in the Nicola mining division in Southern British Columbia. The company is focused on creating shareholder value through new discoveries and strategic development of its mineral properties. ArcPacific owns a stake in the LMSL Copper Gold & Silver Project in British Columbia, Canada, which is known for its copper and gold deposits. The company also has exploratory properties in Canada, including the Blackdome gold project, which has revealed continuous gold mineralization.
Executives
Adrian Allister Smith Director, Senior Officer

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