Radio Fuels Energy (XCNQ:CAKE) Interest Expense : C$-0.02 Mil (TTM As of Aug. 2024)

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What is Radio Fuels Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radio Fuels Energy's interest expense for the three months ended in Aug. 2024 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 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. Radio Fuels Energy's Operating Income for the three months ended in Aug. 2024 was C$ -0.58 Mil. Radio Fuels Energy's Interest Expense for the three months ended in Aug. 2024 was C$ -0.02 Mil. Radio Fuels Energy 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.

Radio Fuels Energy Interest Expense Historical Data

The historical data trend for Radio Fuels Energy'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.
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Radio Fuels Energy Interest Expense Chart

Radio Fuels Energy Annual Data

Trend

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Interest Expense

Radio Fuels Energy Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Interest Expense	Get a 7-Day Free Trial														-	-	-	-	-0.02

Radio Fuels Energy 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

Radio Fuels Energy (XCNQ:CAKE) 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.

Radio Fuels Energy's Interest Expense for the three months ended in Aug. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Aug. 2024 was C$-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was C$0.00 Mil.

Radio Fuels Energy's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Radio Fuels Energy did not have earnings to cover the interest expense.

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

Radio Fuels Energy Business Description

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CKEFF:USA

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.radiofuels.ca

Radio Fuels Energy Corp is a mineral resource company in the development stage that is engaged in the acquisition of interests and in the exploration of, mineral resource properties. Radio Fuel's flagship property is owned by Eco Ridge Project located in Elliot Lake pounds of uranium oxide were mined from conglomerate beds by Rio Algom and Denison Mines.

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