Star Royalties (TSXV:STRR) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Star Royalties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Star Royalties'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. Star Royalties's Operating Income for the three months ended in Mar. 2024 was C$ -1.24 Mil. Star Royalties's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Star Royalties 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.

Star Royalties Interest Expense Historical Data

The historical data trend for Star Royalties'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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Star Royalties Interest Expense Chart

Star Royalties Annual Data

Trend

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Interest Expense

Star Royalties Quarterly Data
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Interest Expense	Get a 7-Day Free Trial													-	-	-	-	-

Star Royalties 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.

Star Royalties (TSXV:STRR) 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.

Star Royalties's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Star Royalties had no long-term debt ⁽¹⁾.

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

Good Sign:

Star Royalties Ltd has no debt.

Star Royalties (TSXV:STRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Royalties Ltd (TSXV:STRR) » Definitions » Interest Expense

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STRFF:USA

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.starroyalties.com

Star Royalties Ltd is a precious metals and carbon credit royalty and streaming company. The company has developed its carbon credit royalties in forestry and regenerative agriculture. The group offers investors exposure to precious metals and carbon credits by originating high-quality royalties and streams. The company's assets comprise Elk Gold, Copperstone, Keysbrook, Baavhai Uul, and others. The Company organizes and manages the business under Star Royalties and Green Star joint venture. Geographically, the company operates in The United States, Canada, Australia and Mongolia.

Executives