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Sailfish Royalty (Sailfish Royalty) Interest Expense : $-0.33 Mil (TTM As of Mar. 2024)


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What is Sailfish Royalty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sailfish Royalty's interest expense for the three months ended in Mar. 2024 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.33 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. Sailfish Royalty's Operating Income for the three months ended in Mar. 2024 was $ -0.38 Mil. Sailfish Royalty's Interest Expense for the three months ended in Mar. 2024 was $ -0.11 Mil. Sailfish Royalty 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.


Sailfish Royalty Interest Expense Historical Data

The historical data trend for Sailfish Royalty'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.

Sailfish Royalty Interest Expense Chart

Sailfish Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.47 -0.99 -0.09 - -0.27

Sailfish Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - -0.11 -0.11 -0.11

Sailfish Royalty 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 $-0.33 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.


Sailfish Royalty  (OTCPK:SROYF) 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.

Sailfish Royalty's Interest Expense for the three months ended in Mar. 2024 was $-0.11 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3.93 Mil.

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

Sailfish Royalty 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.


Sailfish Royalty (Sailfish Royalty) Business Description

Traded in Other Exchanges
Address
Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110
Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.