What is Texas Mineral Resources Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Texas Mineral Resources's interest expense for the
three
months ended in Feb. 2024 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. Texas Mineral Resources's Operating Income for the
three
months ended in Feb. 2024 was $ -0.24 Mil. Texas Mineral Resources's Interest Expense for the
three
months ended in Feb. 2024 was $ 0.00 Mil.
Texas Mineral Resources 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.
Texas Mineral 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 Feb. 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.
Texas Mineral Resources (OTCPK:TMRC) 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.
Texas Mineral Resources's Interest Expense for the
three
months ended in Feb. 2024 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Feb. 2024 was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Feb. 2024 was $0.00 Mil.
Texas Mineral Resources's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as
| Texas Mineral Resources had no long-term debt (1). |
* 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:
Texas Mineral Resources Corp has no debt.
Texas Mineral Resources (Texas Mineral Resources) Business Description
Traded in Other Exchanges
N/A
Address
539 El Paso Street, Sierra Blanca, TX, USA, 79851
Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.
Executives
| Cecil C Wall |
director |
3 RIVERWAY, STE. 1800, HOUSTON TX 77056 |
| Anthony G. Marchese |
director |
15 BADEAU AVENUE, SUMMIT X1 07901 |
| Lavern K Lund |
director |
5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124 |
| Clark Moseley |
director |
PO BOX 2466, SIOUX FALLS SD 57101 |
| Kevin A. Francis |
director |
553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126 |
| Peter Jr. Denetclaw |
director |
6040 SANTA CLARA DR, FARMINGTON NM 87402 |
| Chris Mathers |
officer: CFO |
7 COPANA PT., ROCKPORT TX 78382 |
| Daniel E Gorski |
director, officer: Chief Executive Officer |
7 COPANO PT. RD., ROCKPORT TX 78382 |
| Nicholas Pingitore |
director |
C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112 |
| Sc Fundamental Llc |
director |
747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
| Navajo Transitional Energy Company, Llc |
10 percent owner |
PO BOX 11, FARMINGTON NM 87499 |
| Edward A Collery |
other: Member of 10% owner group |
C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
| Sc Fundamental Llc Employee Savings & Profit Sharing Plan |
10 percent owner |
C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
| Peter M Collery |
director |
C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017 |
| Neil H Koffler |
director |
C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017 |
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