Slam Exploration (Slam Exploration) Interest Expense : $-0.00 Mil (TTM As of Oct. 2023)

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What is Slam Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Slam Exploration's interest expense for the three months ended in Oct. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 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. Slam Exploration's Operating Income for the three months ended in Oct. 2023 was $ -0.15 Mil. Slam Exploration's Interest Expense for the three months ended in Oct. 2023 was $ -0.00 Mil. Slam Exploration 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.

Slam Exploration Interest Expense Historical Data

The historical data trend for Slam Exploration'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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Slam Exploration Interest Expense Chart

Slam Exploration Annual Data

Trend

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Interest Expense

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-0.01

Slam Exploration Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Slam Exploration 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Slam Exploration (OTCPK:SLMXF) 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.

Slam Exploration's Interest Expense for the three months ended in Oct. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $0.00 Mil.

Slam Exploration's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Slam Exploration did not have earnings to cover the interest expense.

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

Slam Exploration (Slam Exploration) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Slam Exploration Ltd (OTCPK:SLMXF) » Definitions » Interest Expense

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SXL:Canada

Address

295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7

Website

https://www.slamexploration.com

Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.