GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Mega Uranium Ltd (OTCPK:MGAFF) » Definitions » Interest Expense

Mega Uranium (Mega Uranium) Interest Expense : $-0.67 Mil (TTM As of Mar. 2024)


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

What is Mega Uranium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mega Uranium's interest expense for the three months ended in Mar. 2024 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.67 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. Mega Uranium's Operating Income for the three months ended in Mar. 2024 was $ -0.76 Mil. Mega Uranium's Interest Expense for the three months ended in Mar. 2024 was $ -0.25 Mil. Mega Uranium 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.

Mega Uranium Interest Expense Historical Data

The historical data trend for Mega Uranium'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.

Mega Uranium Interest Expense Chart

Mega Uranium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.01 -0.04 -0.23

Mega Uranium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.21 -0.19 -0.25

Mega Uranium 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 $-0.67 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.

Mega Uranium  (OTCPK:MGAFF) 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.

Mega Uranium's Interest Expense for the three months ended in Mar. 2024 was $-0.25 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.22 Mil.

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

Mega Uranium 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.

Mega Uranium (Mega Uranium) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Mega Uranium Ltd (OTCPK:MGAFF) » Definitions » Interest Expense
Comparable Companies
XCNQ:WUC TSXV:FUU TSXV:GXU TSXV:SASK TSXV:AEC TSX:LAM TSXV:PUR TSXV:FIND XCNQ:NF XCNQ:CAKE TSX:CCO XKAZ:KZAP TSX:U.UN TSX:NXE ASX:PDN UEC HKSE:01164 TSX:DML LSE:YCA TSX:EFR
Traded in Other Exchanges
M6J:Germany MGA:Canada
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Website
https://www.megauranium.com
Mega Uranium Ltd is a Canada-based exploration stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include Ben Lomond, Georgetown, and Kintyre in Australia. Geographically, it operates in Canada and Australia.

Mega Uranium (Mega Uranium) Headlines

From GuruFocus

Mega Uranium Ltd. Closes Final Tranche of Private Placement

By GlobeNewswire GlobeNewswire • 12-24-2018

Mega Announces Refiled MD&A and AIF

By GlobeNewswire GlobeNewswire • 05-15-2018

Mega Uranium Announces Ben Lomond Option Exercise

By GlobeNewswire GlobeNewswire • 06-15-2022

Mega Uranium Ltd. Increases Private Placement

By GlobeNewswire GlobeNewswire • 08-17-2018

Mega Uranium Acquires Additional Securities of Green Shift Commodities

By GlobeNewswire GlobeNewswire • 12-23-2022