Signal Gold (TSX:SGNL) Interest Expense : C$-4.42 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Signal Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signal Gold's interest expense for the three months ended in Mar. 2024 was C$ -0.76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-4.42 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. Signal Gold's Operating Income for the three months ended in Mar. 2024 was C$ -1.34 Mil. Signal Gold's Interest Expense for the three months ended in Mar. 2024 was C$ -0.76 Mil. Signal Gold 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.

Signal Gold Interest Expense Historical Data

The historical data trend for Signal Gold'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.

Signal Gold Interest Expense Chart

Signal Gold Annual Data

Trend

May14

May15

May16

May17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.42

-0.21

-0.13

-0.89

-4.86

Signal Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.46	-1.05	-0.72	-1.89	-0.76

Signal Gold 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.42 Mil.

Signal Gold (TSX:SGNL) 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.

Signal Gold's Interest Expense for the three months ended in Mar. 2024 was C$-0.76 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.24 Mil.

Signal Gold's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Signal Gold did not have earnings to cover the interest expense.

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

Signal Gold (TSX:SGNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Signal Gold Inc (TSX:SGNL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SGNLF:USA Y8B:Germany

Address

20 Adelaide St. East, Suite 915, Toronto, ON, CAN, M5C 2T6

Website

http://www.anacondamining.com

Signal Gold Inc is gold mining, development, and exploration company focused on the top-tier Canadian mining jurisdictions of Nova Scotia and Newfoundland. The company operates mining and milling operations in the Goldboro Gold Project in Nova Scotia, the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility, and deep-water port, as well as 15,000 hectares of mineral property at Tilt Cove.

Executives

Robert Dufour

Senior Officer

Signal Gold (TSX:SGNL) Headlines

No Headlines