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Grande Portage Resources (Grande Portage Resources) Interest Expense : $0.00 Mil (TTM As of Jan. 2024)


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What is Grande Portage Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grande Portage Resources's interest expense for the three months ended in Jan. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Grande Portage Resources's Operating Income for the three months ended in Jan. 2024 was $ -0.13 Mil. Grande Portage Resources's Interest Expense for the three months ended in Jan. 2024 was $ 0.00 Mil. GuruFocus does not calculate Grande Portage 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.


Grande Portage Resources Interest Expense Historical Data

The historical data trend for Grande Portage 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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Grande Portage Resources Interest Expense Chart

Grande Portage Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
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Grande Portage Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Grande Portage 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 Jan. 2024 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.


Grande Portage Resources  (OTCPK:GPTRF) 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.

Grande Portage Resources's Interest Expense for the three months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.10 Mil.

Grande Portage Resources's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

GuruFocus does not calculate Grande Portage 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. Grande Portage Resources Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Grande Portage Resources (Grande Portage Resources) Business Description

Traded in Other Exchanges
Address
280 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Grande Portage Resources Ltd is a mineral exploration company based in Canada. The principal business activities are the exploration for and development of natural resource properties namely gold, in Alaska. The company holds an interest in Herbert Gold Property located to the north of Juneau, Alaska.

Grande Portage Resources (Grande Portage Resources) Headlines