Desert Gold Ventures (TSXV:DAU) Interest Expense : C$0.00 Mil (TTM As of Dec. 2023)

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What is Desert Gold Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Desert Gold Ventures's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$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. Desert Gold Ventures's Operating Income for the three months ended in Dec. 2023 was C$ -0.23 Mil. Desert Gold Ventures's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Desert Gold Ventures 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.

Desert Gold Ventures Interest Expense Historical Data

The historical data trend for Desert Gold Ventures'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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Desert Gold Ventures Interest Expense Chart

Desert Gold Ventures Annual Data

Trend

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Dec23

Interest Expense

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-0.01

-0.03

Desert Gold Ventures Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Desert Gold Ventures 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 C$0.00 Mil.

Desert Gold Ventures (TSXV:DAU) 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.

Desert Gold Ventures's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Desert Gold Ventures's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Desert Gold Ventures had no long-term debt ⁽¹⁾.

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

Good Sign:

Desert Gold Ventures Inc has no debt.

Desert Gold Ventures (TSXV:DAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Desert Gold Ventures Inc (TSXV:DAU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DAUGF:USA QXR2:Germany

Address

9648-128th Street, Suite 210, Surrey, BC, CAN, V3T 2X9

Website

https://www.desertgold.ca

Desert Gold Ventures Inc is an exploration stage company. It is principally engaged in the business of acquisition, exploration, and development of mineral resource properties. The company conducts mineral property exploration in Mali and Rwanda. It holds an interest in Farabantourou exploration, Djimbala, and SMSZ project.

Executives

Don Dudek

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Desert Gold Ventures (TSXV:DAU) Headlines

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