Meryllion Resources (XCNQ:MYR) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

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What is Meryllion Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meryllion Resources's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Meryllion Resources's Operating Income for the three months ended in Dec. 2023 was C$ -0.09 Mil. Meryllion Resources's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Meryllion Resources 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.

Meryllion Resources Interest Expense Historical Data

The historical data trend for Meryllion Resources'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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Meryllion Resources Interest Expense Chart

Meryllion Resources Annual Data

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Interest Expense

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Meryllion Resources Quarterly Data
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Meryllion Resources 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Meryllion Resources (XCNQ:MYR) 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.

Meryllion Resources's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Meryllion Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Meryllion Resources had no long-term debt ⁽¹⁾.

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

Meryllion Resources (XCNQ:MYR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meryllion Resources Corp (XCNQ:MYR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 - 885 West Georgia Street, Vancouver, BC, CAN, V6C 3H1

Website

https://www.meryllionres.com

Meryllion Resources Corp is an exploration and development company focused on mineral exploration, mine development, and finance opportunities in Tier 1 jurisdictions, where the Company can earn interest by funding exploration. The Company is in the process of earning up to a 70% interest in the Mt Turner copper-molybdenum-gold and uranium project in north Queensland and has an option over the Oldham Range Polymetallic Project located 320kms west of Wiluna, Western Australia.

Executives

David Steinepreis

10% Security Holder, Director

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