Excelsior Mining (TSX:MIN) Interest Expense : C$-5.00 Mil (TTM As of Mar. 2024)

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What is Excelsior Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Excelsior Mining's interest expense for the three months ended in Mar. 2024 was C$ -1.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.00 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. Excelsior Mining's Operating Income for the three months ended in Mar. 2024 was C$ -3.12 Mil. Excelsior Mining's Interest Expense for the three months ended in Mar. 2024 was C$ -1.42 Mil. Excelsior 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.

Excelsior Mining Interest Expense Historical Data

The historical data trend for Excelsior 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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Excelsior Mining Interest Expense Chart

Excelsior Mining Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.44

-1.11

-0.44

-2.74

-4.69

Excelsior Mining 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															-1.13	-1.19	-1.22	-1.17	-1.42

Excelsior 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.00 Mil.

Excelsior Mining (TSX:MIN) 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.

Excelsior Mining's Interest Expense for the three months ended in Mar. 2024 was C$-1.42 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-3.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$24.68 Mil.

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

Excelsior Mining did not have earnings to cover the interest expense.

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

Excelsior Mining (TSX:MIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Excelsior Mining Corp (TSX:MIN) » Definitions » Interest Expense

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Traded in Other Exchanges

EXMGF:USA 3XS:Germany

Address

2999 North 44th Street, Suite 300, Concord Place, Phoenix, AZ, USA, 85018

Website

https://www.excelsiormining.com

Excelsior Mining Corp is a Canada-based company which is engaged in exploration and development of copper. The firm's primary project is Gunnison Project and it operates through segments acquisition, exploration, and evaluation of mineral properties in North America. The Company's revenue majorly consists of the sales of copper cathode. It operates in one reportable operating segment in North America. The Company's property, plant and equipment is all in the United States.

Executives

Sheila Margaret Paine

Senior Officer