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Western Copper & Gold (TSX:WRN) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)


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What is Western Copper & Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Copper & Gold's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.00 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. Western Copper & Gold's Operating Income for the three months ended in Mar. 2024 was C$ -2.23 Mil. Western Copper & Gold's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Western Copper & Gold has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Western Copper & Gold Interest Expense Historical Data

The historical data trend for Western Copper & Gold'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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Western Copper & Gold Interest Expense Chart

Western Copper & Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Western Copper & Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Western Copper & Gold 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$0.00 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.


Western Copper & Gold  (TSX:WRN) 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.

Western Copper & Gold's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-2.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Western Copper & Gold's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Western Copper & Gold had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Western Copper & Gold Corp has enough cash to cover all of its debt. Its financial situation is stable.


Western Copper & Gold (TSX:WRN) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1200, Vancouver, BC, CAN, V6E 3Z3
Western Copper & Gold Corp is a Canada-based exploration-stage company. It is engaged in the exploration and development of the Casino mineral property located in Yukon, Canada (the Casino Project). The Company's operations are in one segment: the acquisition, exploration, and future development of mineral resource properties.
Executives
Varun Prasad Senior Officer