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Minaurum Gold (TSXV:MGG) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)


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What is Minaurum Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minaurum Gold's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Minaurum Gold's Operating Income for the three months ended in Jan. 2024 was C$ -0.81 Mil. Minaurum Gold's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Minaurum 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.


Minaurum Gold Interest Expense Historical Data

The historical data trend for Minaurum 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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Minaurum Gold Interest Expense Chart

Minaurum Gold Annual Data
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Interest Expense
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Minaurum Gold Quarterly Data
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Minaurum 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 Jan. 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.


Minaurum Gold  (TSXV:MGG) 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.

Minaurum Gold's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Minaurum Gold's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Minaurum 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:

Minaurum Gold Inc has no debt.


Minaurum Gold (TSXV:MGG) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Minaurum Gold Inc is a regional explorer focusing on the exploration and development of high-grade gold and silver projects in the Southern Sonora State, Oaxaca-Chiapas region and Guerrero Gold Belt. It holds interest in Taviche Project, Alamos (Quintera) Project, Santa Marta Project, Vuelcos del Destino Property, Adelita Property, and Aurena Property. The Company operates in one segment the acquisition and exploration of exploration and evaluation assets. It operates in Mexico and the United States.

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