Emerita Resources (TSXV:EMO) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Emerita Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emerita Resources'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. Emerita Resources's Operating Income for the three months ended in Mar. 2024 was C$ -2.99 Mil. Emerita Resources's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Emerita Resources 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.

Emerita Resources Interest Expense Historical Data

The historical data trend for Emerita Resources'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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Emerita Resources Interest Expense Chart

Emerita Resources Annual Data

Trend

Sep14

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Sep23

Interest Expense

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-0.11

-0.07

Emerita Resources 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															-	-	-	-	-

Emerita Resources 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.

Emerita Resources (TSXV:EMO) 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.

Emerita Resources's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-2.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Emerita Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Emerita Resources Corp has no debt.

Emerita Resources (TSXV:EMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emerita Resources Corp (TSXV:EMO) » Definitions » Interest Expense

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EMOTF:USA LLJA:Germany

Address

36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3

Website

https://www.emeritaresources.com

Emerita Resources Corp is a natural resource company engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain. The company has a 100% interest in the Iberian Belt West project which cover 1,546 hectares located in the Iberian Pyrite Belt in southern Spain as well as the Nuevo Tintillo project which covers 6,875 hectares in the eastern part of the Iberian Pyrite Belt between the deposits of Aznalcollar to the southeast and Rio Tinto to the northwest.

Executives

Joaquin Merino Marquez

Senior Officer