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Greenridge Exploration (XCNQ:GXP) Interest Expense : C$ Mil (TTM As of Aug. 2023)


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What is Greenridge Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenridge Exploration's interest expense for the six months ended in Aug. 2023 was C$ 0.00 Mil. Greenridge Exploration does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Aug. 2023.

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. Greenridge Exploration's Operating Income for the six months ended in Aug. 2023 was C$ 0.00 Mil. Greenridge Exploration's Interest Expense for the six months ended in Aug. 2023 was C$ 0.00 Mil. Greenridge Exploration 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.


Greenridge Exploration Interest Expense Historical Data

The historical data trend for Greenridge Exploration'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.

Greenridge Exploration Interest Expense Chart

Greenridge Exploration Annual Data
Trend Aug23
Interest Expense
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Greenridge Exploration Semi-Annual Data
Aug23
Interest Expense -

Greenridge Exploration Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Greenridge Exploration  (XCNQ:GXP) 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.

Greenridge Exploration's Interest Expense for the six months ended in Aug. 2023 was C$0.00 Mil. Its Operating Income for the six months ended in Aug. 2023 was C$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was C$0.00 Mil.

Greenridge Exploration's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Greenridge Exploration 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:

Greenridge Exploration Inc has no debt.


Greenridge Exploration (XCNQ:GXP) Business Description

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Traded in Other Exchanges
Address
905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6
Website
Greenridge Exploration Inc is engaged in mineral exploration in Canada and its objective is to locate and, if warranted, develop economic mineral properties. It holds interest in Weyman Property which comprises 7 map-staked mineral claims covering nearly 2,803.89 hectares in the Kamloops and Nicola Mining Divisions and in the Thompson Nicola Regional District on the Thompson Plateau of Southern British Columbia.

Greenridge Exploration (XCNQ:GXP) Headlines

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