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Gold Mountain Mining (TSX:GMTN) Interest Expense : C$-0.43 Mil (TTM As of Jan. 2024)


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What is Gold Mountain Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Mountain Mining's interest expense for the three months ended in Jan. 2024 was C$ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.43 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. Gold Mountain Mining's Operating Income for the three months ended in Jan. 2024 was C$ -2.64 Mil. Gold Mountain Mining's Interest Expense for the three months ended in Jan. 2024 was C$ -0.18 Mil. Gold Mountain Mining 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.


Gold Mountain Mining Interest Expense Historical Data

The historical data trend for Gold Mountain Mining'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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Gold Mountain Mining Interest Expense Chart

Gold Mountain Mining Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
Get a 7-Day Free Trial -0.71 -1.12 -0.95 -0.64 -0.43

Gold Mountain Mining Quarterly Data
Jan19 Jan20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.13 -0.14 -0.05 -0.05 -0.18

Gold Mountain Mining 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.43 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.


Gold Mountain Mining  (TSX:GMTN) 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.

Gold Mountain Mining's Interest Expense for the three months ended in Jan. 2024 was C$-0.18 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-2.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.13 Mil.

Gold Mountain Mining's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Gold Mountain Mining 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.


Gold Mountain Mining (TSX:GMTN) Business Description

Traded in Other Exchanges
Address
1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.

Gold Mountain Mining (TSX:GMTN) Headlines

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