Fortitude Gold (Fortitude Gold) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is Fortitude Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fortitude Gold's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Fortitude Gold's Operating Income for the three months ended in Mar. 2024 was $ -0.69 Mil. Fortitude Gold's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Fortitude Gold 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.

Fortitude Gold Interest Expense Historical Data

The historical data trend for Fortitude Gold'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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Fortitude Gold Interest Expense Chart

Fortitude Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.15

-0.14

-0.13

Fortitude Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-	-	-	-	-

Fortitude Gold 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 $0.00 Mil.

Fortitude Gold (OTCPK:FTCO) 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.

Fortitude Gold's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Fortitude Gold had no long-term debt ⁽¹⁾.

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. Fortitude Gold Corp has enough cash to cover all of its debt. Its financial situation is stable.

Fortitude Gold (Fortitude Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortitude Gold Corp (OTCPK:FTCO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

2886 Carriage Manor Point, Colorado Springs, CO, USA, 80906

Website

https://www.fortitudegold.com

Fortitude Gold Corp is a mineral exploration and evaluation company. It primarily explores gold and silver. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.