Merger Mines (Merger Mines) Interest Expense : $ Mil (TTM As of . 20)

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What is Merger Mines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merger Mines's interest expense for the three months ended in . 20 was $ 0.00 Mil. Merger Mines 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. Merger Mines's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Merger Mines's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Merger 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.

Merger Mines Interest Expense Historical Data

The historical data trend for Merger 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.

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Merger Mines Interest Expense Chart

Merger Mines Annual Data

Trend

Interest Expense

Merger Mines Quarterly Data

Interest Expense

Merger Mines Interest Expense Calculation

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

Merger Mines (OTCPK:MERG) 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.

Merger Mines'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.

Merger Mines's Interest Coverage for the quarter that ended in . 20 is calculated as

Merger Mines had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Merger Mines (Merger Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Merger Mines Corp (OTCPK:MERG) » Definitions » Interest Expense

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Address

3129 W. Kings Ridge Drive, Coeur d'Alene, ID, USA, 83814

Website

http://www.mergerminescorp.com

Merger Mines Corp is engaged in the acquisition, exploration, and development of mineral properties. The company design and manufactures high-tech, laser that incorporates the use of robotics and highly sophisticated computer programs to achieve the utmost production from mines. It uses high optical power output lasers to cut or spall ore-bearing material from the host rock. The company has an interest in approximately 600 acres of unpatented mining properties. Its unpatented mining claims include Shoshone county.

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