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Northern Dynasty Minerals (TSX:NDM) Interest Expense : C$-0.25 Mil (TTM As of Mar. 2024)


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What is Northern Dynasty Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northern Dynasty Minerals's interest expense for the three months ended in Mar. 2024 was C$ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.25 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. Northern Dynasty Minerals's Operating Income for the three months ended in Mar. 2024 was C$ -5.31 Mil. Northern Dynasty Minerals's Interest Expense for the three months ended in Mar. 2024 was C$ -0.18 Mil. Northern Dynasty Minerals 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.


Northern Dynasty Minerals Interest Expense Historical Data

The historical data trend for Northern Dynasty Minerals'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.

Northern Dynasty Minerals Interest Expense Chart

Northern Dynasty Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.12 -0.07 -0.07 -0.08

Northern Dynasty Minerals 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 -0.02 -0.01 -0.01 -0.04 -0.18

Northern Dynasty Minerals 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$-0.25 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.


Northern Dynasty Minerals  (TSX:NDM) 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.

Northern Dynasty Minerals's Interest Expense for the three months ended in Mar. 2024 was C$-0.18 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-5.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.33 Mil.

Northern Dynasty Minerals's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Northern Dynasty Minerals 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.


Northern Dynasty Minerals (TSX:NDM) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.
Executives
Robert Allan Dickinson 10% Security Holder, Director

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