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Discovery Minerals (Discovery Minerals) Interest Expense : $ Mil (TTM As of . 20)


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What is Discovery Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Discovery Minerals's interest expense for the three months ended in . 20 was $ 0.00 Mil. Discovery Minerals does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Discovery Minerals's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Discovery Minerals's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Discovery Minerals 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.


Discovery Minerals Interest Expense Historical Data

The historical data trend for Discovery Minerals'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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Discovery Minerals Interest Expense Chart

Discovery Minerals Annual Data
Trend
Interest Expense

Discovery Minerals Quarterly Data
Interest Expense

Discovery Minerals Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Discovery Minerals  (OTCPK:DSCR) 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.

Discovery Minerals's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Discovery Minerals's Interest Coverage for the quarter that ended in . 20 is calculated as

Discovery Minerals had no long-term debt (1).

* 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.


Discovery Minerals (Discovery Minerals) Business Description

Traded in Other Exchanges
N/A
Address
429 W. Plumb Lane, Reno, NV, USA, 89509
Discovery Minerals Ltd is a United States-based acquisition and development company. The company targets natural resource properties through its subsidiaries. The properties fall within two primary channels, precious metals such as gold, silver, and precious metals, and industrial hemp.