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Starcore International Mines (Starcore International Mines) Interest Expense : $-0.11 Mil (TTM As of Jan. 2023)


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What is Starcore International Mines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Starcore International Mines's interest expense for the three months ended in Jan. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was $-0.11 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. Starcore International Mines's Operating Income for the three months ended in Jan. 2023 was $ -1.59 Mil. Starcore International Mines's Interest Expense for the three months ended in Jan. 2023 was $ -0.02 Mil. Starcore International Mines 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.


Starcore International Mines Interest Expense Historical Data

The historical data trend for Starcore International Mines'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.

Starcore International Mines Interest Expense Chart

Starcore International Mines Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.40 -0.38 -0.10 -0.13

Starcore International Mines Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.02 -0.04 -0.03 -0.02

Starcore International Mines 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 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.


Starcore International Mines  (OTCPK:SHVLF) 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.

Starcore International Mines's Interest Expense for the three months ended in Jan. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Jan. 2023 was $-1.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2023 was $0.16 Mil.

Starcore International Mines's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Starcore International Mines 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.


Starcore International Mines (Starcore International Mines) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (Starcore International Mines) Headlines