Lahontan Gold (TSXV:LG) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Lahontan Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lahontan Gold's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Lahontan Gold's Operating Income for the three months ended in Mar. 2024 was C$ -0.28 Mil. Lahontan Gold's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Lahontan Gold 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.

Lahontan Gold Interest Expense Historical Data

The historical data trend for Lahontan 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.

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Lahontan Gold Interest Expense Chart

Lahontan Gold Annual Data

Trend

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Interest Expense

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

Lahontan 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$0.00 Mil.

Lahontan Gold (TSXV:LG) 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.

Lahontan Gold's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Lahontan Gold had no long-term debt ⁽¹⁾.

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

Good Sign:

Lahontan Gold Corp has no debt.

Lahontan Gold (TSXV:LG) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lahontan Gold Corp (TSXV:LG) » Definitions » Interest Expense

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LGCXF:USA

Address

890 West Pender Street, Suite 600, Toronto, ON, CAN, V6C 1J9

Website

https://www.lahontangoldcorp.com

Lahontan Gold Corp is engaged in the exploration of gold and silver. The Company is an exploration stage junior mining company engaged in the identification, acquisition, evaluation and exploration of mineral properties in Nevada, USA. The projects of the company include Santa Fe, Moho, and Redlich located in Nevada.

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