Osisko Development (TSXV:ODV) Interest Expense : C$-15.30 Mil (TTM As of Mar. 2024)

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What is Osisko Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Osisko Development's interest expense for the three months ended in Mar. 2024 was C$ -3.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-15.30 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. Osisko Development's Operating Income for the three months ended in Mar. 2024 was C$ -15.09 Mil. Osisko Development's Interest Expense for the three months ended in Mar. 2024 was C$ -3.21 Mil. Osisko Development 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.

Osisko Development Interest Expense Historical Data

The historical data trend for Osisko Development'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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Osisko Development Interest Expense Chart

Osisko Development Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.79

-0.75

-5.76

-13.38

Osisko Development Quarterly Data
	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													-1.28	-5.56	-3.75	-2.78	-3.21

Osisko Development 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$-15.30 Mil.

Osisko Development (TSXV:ODV) 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.

Osisko Development's Interest Expense for the three months ended in Mar. 2024 was C$-3.21 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-15.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$3.55 Mil.

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

Osisko Development did not have earnings to cover the interest expense.

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

Osisko Development (TSXV:ODV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osisko Development Corp (TSXV:ODV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ODV:USA 3OZ0:Germany 3OZ0:Germany

Address

1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2

Website

https://www.osiskodev.com

Osisko Development Corp is a mineral exploration and development company engaged in the acquisition, exploration and development of precious metals resource properties in North America. The company is focused on exploring and developing its mining assets, including the Cariboo Gold Project in British Columbia, the San Antonio gold project in Mexico and the Trixie test mine in the USA. The Company manages its business through the exploration, evaluation and development activities of its projects.

Executives

Maggie Elizabeth Layman

Senior Officer