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Kobo Resources (TSXV:KRI) Interest Expense : C$-0.01 Mil (TTM As of Sep. 2023)


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What is Kobo Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kobo Resources's interest expense for the three months ended in Sep. 2023 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.01 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. Kobo Resources's Operating Income for the three months ended in Sep. 2023 was C$ -1.78 Mil. Kobo Resources's Interest Expense for the three months ended in Sep. 2023 was C$ -0.00 Mil. Kobo Resources 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.


Kobo Resources Interest Expense Historical Data

The historical data trend for Kobo 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.

* Premium members only.

Kobo Resources Interest Expense Chart

Kobo Resources Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
- -0.01 -0.01

Kobo Resources Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only - - - - -

Kobo 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 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.


Kobo Resources  (TSXV:KRI) 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.

Kobo Resources's Interest Expense for the three months ended in Sep. 2023 was C$-0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-1.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.00 Mil.

Kobo Resources's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Kobo Resources 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.


Kobo Resources (TSXV:KRI) Business Description

Traded in Other Exchanges
N/A
Address
388 Grande-Allee East, Suite 101, Quebec, QC, CAN, G1R 2J4
Kobo Resources Inc is an exploration and mining development company focused on acquiring, exploring and developing gold property assets located in West Africa and primarily in Cote d'Ivoire.
Executives
Patrick Gagnon Director

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