Centurion Minerals (TSXV:CTN) Interest Expense : C$-0.12 Mil (TTM As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Centurion Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centurion Minerals's interest expense for the three months ended in Jan. 2024 was C$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.12 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. Centurion Minerals's Operating Income for the three months ended in Jan. 2024 was C$ -0.14 Mil. Centurion Minerals's Interest Expense for the three months ended in Jan. 2024 was C$ -0.03 Mil. Centurion Minerals 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.

Centurion Minerals Interest Expense Historical Data

The historical data trend for Centurion Minerals'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.

Centurion Minerals Interest Expense Chart

Centurion Minerals Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

Get a 7-Day Free Trial

-0.08

-0.01

-0.02

-0.08

Centurion Minerals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.03	-0.04	-0.02	-0.03

Centurion Minerals 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.12 Mil.

Centurion Minerals (TSXV:CTN) 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.

Centurion Minerals's Interest Expense for the three months ended in Jan. 2024 was C$-0.03 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.96 Mil.

Centurion Minerals's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Centurion Minerals did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Centurion Minerals Ltd interest coverage is 2.12, which is low.

Centurion Minerals (TSXV:CTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Centurion Minerals Ltd (TSXV:CTN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

XJC:Germany

Address

470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5

Website

https://www.centurionminerals.com

Centurion Minerals Ltd is engaged in the business of acquisition and exploration of mineral properties. The company has its operations in two geographic areas including Canada and Argentina. It is focused on the development of Ana Sofia Agri-Gypsum project. The project comprises over two mining concessions totaling approximately 50 hectares and is located in Santiago del Estero province, Argentina. In addition, it is also focused on identifying, developing and marketing calcium sulfate, for the markets of Argentina, Paraguay, Bolivia, Brazil, and Chile.

Centurion Minerals (TSXV:CTN) Headlines

No Headlines