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Sabre Gold Mines (TSX:SGLD) Interest Expense : C$-0.85 Mil (TTM As of Mar. 2024)


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What is Sabre Gold Mines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sabre Gold Mines's interest expense for the three months ended in Mar. 2024 was C$ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.85 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. Sabre Gold Mines's Operating Income for the three months ended in Mar. 2024 was C$ -0.40 Mil. Sabre Gold Mines's Interest Expense for the three months ended in Mar. 2024 was C$ -0.12 Mil. Sabre Gold Mines 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.


Sabre Gold Mines Interest Expense Historical Data

The historical data trend for Sabre Gold Mines'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.

Sabre Gold Mines Interest Expense Chart

Sabre Gold Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.33 -1.67 -1.38 -1.44 -1.04

Sabre Gold Mines 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 -0.31 -0.29 -0.30 -0.15 -0.12

Sabre Gold Mines 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$-0.85 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.


Sabre Gold Mines  (TSX:SGLD) 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.

Sabre Gold Mines's Interest Expense for the three months ended in Mar. 2024 was C$-0.12 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$5.07 Mil.

Sabre Gold Mines's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Sabre Gold Mines 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.


Sabre Gold Mines (TSX:SGLD) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 250, Vancouver, BC, CAN, V6C 3L6
Sabre Gold Mines Corp is a mineral exploration and development company currently focused on advancing the fully permitted past-producing Copperstone mine and on the past-producing Brewery Creek mine. Its project is situated within the Arizona portion of the Prolific Walker Lane Belt in the Southwestern United States. It operates Gold Mine in La Paz County, Arizona, United States, and the Brewery Creek property in the Yukon, Canada.
Executives
Andrew Elinesky Director, Senior Officer

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