TinOne Resources (TSXV:TORC) Interest Expense : C$-0.01 Mil (TTM As of Mar. 2024)

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What is TinOne Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TinOne 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$-0.01 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. TinOne Resources's Operating Income for the three months ended in Mar. 2024 was C$ -0.26 Mil. TinOne Resources's Interest Expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. TinOne 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.

TinOne Resources Interest Expense Historical Data

The historical data trend for TinOne 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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TinOne Resources Interest Expense Chart

TinOne Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-0.01

TinOne Resources Quarterly Data
	Jun19	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial										-	-	-	-	-

TinOne 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$-0.01 Mil.

TinOne Resources (TSXV:TORC) 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.

TinOne Resources's Interest Expense for the three months ended in Mar. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

TinOne Resources did not have earnings to cover the interest expense.

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

TinOne Resources (TSXV:TORC) Business Description

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

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TORCF:USA 57Z0:Germany

Address

1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7

Website

https://www.tinone.ca

TinOne Resources Inc is a mining exploration company. Its mineral exploration activities are focused on underexplored regions in Eastern Australia and New Zealand with an immediate strategy to assemble a portfolio of high-quality gold assets. The company's projects include the Panama Gold Project, Great Pyramid Tin Project, Aberfoyle Tin Project, NSW Tin Projects, and Otago Goldfields Applications.