Radisson Mining Resources (TSXV:RDS) Interest Expense : C$-0.00 Mil (TTM As of Mar. 2024)

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What is Radisson Mining Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radisson Mining 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. Radisson Mining Resources's Operating Income for the three months ended in Mar. 2024 was C$ -0.46 Mil. Radisson Mining Resources's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Radisson Mining 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.

Radisson Mining Resources Interest Expense Historical Data

The historical data trend for Radisson Mining 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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Radisson Mining Resources Interest Expense Chart

Radisson Mining Resources Annual Data

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Interest Expense

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-0.01

Radisson Mining Resources Quarterly Data
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Radisson Mining 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.

Radisson Mining Resources (TSXV:RDS) 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.

Radisson Mining Resources's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Radisson Mining Resources had no long-term debt ⁽¹⁾.

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

Radisson Mining Resources (TSXV:RDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Radisson Mining Resources Inc (TSXV:RDS) » Definitions » Interest Expense

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RMRDF:USA

Address

50 rue du Petit, Rouyn-Noranda, QC, CAN, J0Y 1C0

Website

https://www.radissonmining.com

Radisson Mining Resources Inc is a junior mining company. It conducts the acquisition, exploration, and development of mineral properties. The company's properties include the O'Brien, New Alger, and Douay property.

Executives

Pierre Beaudoin

Director

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