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Pasinex Resources (Pasinex Resources) Interest Expense : $-0.10 Mil (TTM As of Sep. 2023)


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What is Pasinex Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pasinex Resources's interest expense for the three months ended in Sep. 2023 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.10 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. Pasinex Resources's Operating Income for the three months ended in Sep. 2023 was $ -0.33 Mil. Pasinex Resources's Interest Expense for the three months ended in Sep. 2023 was $ -0.03 Mil. Pasinex Resources 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.


Pasinex Resources Interest Expense Historical Data

The historical data trend for Pasinex 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.

* Premium members only.

Pasinex Resources Interest Expense Chart

Pasinex Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 -0.07 -0.11 -0.11

Pasinex Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.03 -0.03 -0.03

Pasinex 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


Pasinex Resources  (OTCPK:PSXRF) 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.

Pasinex Resources's Interest Expense for the three months ended in Sep. 2023 was $-0.03 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

Pasinex Resources's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Pasinex Resources did not have earnings to cover the interest expense.

* 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.


Pasinex Resources (Pasinex Resources) Business Description

Traded in Other Exchanges
Address
2900-550 Burrard Street, Vancouver, BC, CAN, V6C 0A3
Pasinex Resources Ltd is engaged in the acquisition, exploration and development of mineral properties. The company holds interest in the projects Pinargozu Zinc Mine, Gunman project and Akkaya property. The company has a business presence in Turkey, Canada and the U.S. It has one operating segment, acquisition, exploration and development of mineral properties.

Pasinex Resources (Pasinex Resources) Headlines

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