Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solitario Resources's interest expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $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. Solitario Resources's Operating Income for the
three
months ended in Dec. 2023 was $ -1.28 Mil. Solitario Resources's Interest Expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
GuruFocus does not calculate Solitario Resources's interest coverage with the available data.
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.
Solitario 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.
Solitario Resources (AMEX:XPL) 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.
Solitario Resources's Interest Expense for the
three
months ended in Dec. 2023 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-1.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $0.05 Mil.
Solitario Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| GuruFocus does not calculate Solitario Resources's interest coverage with the available data. |
* 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:
Ben Graham prefers companies' interest coverage to be at least 5. Solitario Resources Corp has enough cash to cover all of its debt. Its financial situation is stable.
Solitario Resources (Solitario Resources) Business Description
Traded in Other Exchanges
Address
4251 Kipling Street, Suite 390, Wheat Ridge, CO, USA, 80033
Solitario Resources Corp is exploration company engaging in acquiring, exploring, and developing zinc properties and other precious metals in safe jurisdictions in North and South America. It has joint venture interests in large, high-grade zinc development projects. The Florida Canyon Zinc Project in Peru is a development asset held jointly with Nexa Resources S.A., Golden Crest Project in South Dakota and the Lik Zinc Project represents a large-tonnage, high-grade development project in Alaska in partnership with Teck Resources. In addition, the company has an additional portfolio of exploration properties and royalties in the Americas.
Executives
| James Kb Hesketh |
director |
65 SOUTH JOYCE STREET, GOLDEN CO 80401 |
| Debbie Mino Austin |
director |
128 APRIL BREEZE ST., MONTGOMERY CO 77356 |
| James R Maronick |
officer: CFO |
4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033 |
| Christopher E Herald |
director, officer: CEO |
4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033 |
| Walter H Hunt |
officer: Vice President Exploration |
4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033 |
| Gil Atzmon |
director |
1718 FOX TREE LN, SAN ANTONIO TX 78248 |
| John A Labate |
director |
|
| Brian Labadie |
director |
24138 FERN CRESCENT, MAPLE RIDGE A1 V4R 2S1 |
| Leonard Harris |
director |
4251 KIPLING ST STE 390, WHEAT RIDGE CO 80033 |
| Jones Mark E Iii |
director |
16360 PARK TEN PLACE, SUITE 217, HOUSTON TX 77084 |
| John Hainey |
director |
216 TOYNBEE TRAIL, SCARBOROUGH A6 M1E 1G9 |
| Steven A Webster |
director |
500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002 |
| Daniel B Leonard |
director |
4510 SILVER CLIFF COURT, CASTLE ROCK CO 80108 |
| Crown Resources Corp |
10 percent owner |
4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033 |
Solitario Resources (Solitario Resources) Headlines
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