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Tarku Resources (Tarku Resources) Interest Expense : $-0.02 Mil (TTM As of Dec. 2023)


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What is Tarku Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tarku Resources's interest expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.02 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. Tarku Resources's Operating Income for the three months ended in Dec. 2023 was $ -0.21 Mil. Tarku Resources's Interest Expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Tarku 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.


Tarku Resources Interest Expense Historical Data

The historical data trend for Tarku 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.

Tarku Resources Interest Expense Chart

Tarku Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.02 -0.03

Tarku Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 -0.01 -0.01 - -

Tarku 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.


Tarku Resources  (OTCPK:TRKUF) 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.

Tarku Resources's Interest Expense for the three months ended in Dec. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.11 Mil.

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

Tarku 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.


Tarku Resources (Tarku Resources) Business Description

Traded in Other Exchanges
Address
4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5
Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.

Tarku Resources (Tarku Resources) Headlines

From GuruFocus

Tarku to Acquire 100% of Silver Strike Project, Arizona

By ACCESSWIRE ACCESSWIRE 02-25-2022

Tarku Closes $750,000 Private Placement Financing

By ACCESSWIRE ACCESSWIRE 12-06-2021

Tarku Closes $638,455 Private Placement Financing

By ACCESSWIRE ACCESSWIRE 04-13-2022

Tarku Announces Private Placement

By ACCESSWIRE ACCESSWIRE 12-15-2022

Tarku Announces Flow-Through Private Placement

By ACCESSWIRE 12-05-2023

Tarku Closes Private Placement Financing

By ACCESSWIRE 12-19-2023