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Mammoth Resources (TSXV:MTH) Interest Expense : C$0.00 Mil (TTM As of Oct. 2023)


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What is Mammoth Resources Interest Expense?

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


Mammoth Resources Interest Expense Historical Data

The historical data trend for Mammoth 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.

Mammoth Resources Interest Expense Chart

Mammoth Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.03 -0.03 -0.01 -

Mammoth Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 - - - - -

Mammoth 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Mammoth Resources  (TSXV:MTH) 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.

Mammoth Resources's Interest Expense for the three months ended in Oct. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$0.00 Mil.

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

Mammoth Resources had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mammoth Resources Corp has enough cash to cover all of its debt. Its financial situation is stable.


Mammoth Resources (TSXV:MTH) Business Description

Traded in Other Exchanges
Address
150 York Street, Suite 410, Exchange Tower, Toronto, ON, CAN, M5H 3S5
Mammoth Resources Corp is an exploration-stage company. It is involved in the business of acquisition, exploration, and evaluation of mining properties in Mexico. It is focused on acquiring and defining precious metal resources in Mexico. Its project includes the Tenoriba property. The company has one reportable operating segment, being the Acquisition and Exploration of Assets in Mexico.