GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Valhalla Metals Inc (TSXV:VMXX) » Definitions » Interest Expense

Valhalla Metals (TSXV:VMXX) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Valhalla Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valhalla Metals'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. Valhalla Metals's Operating Income for the three months ended in Mar. 2024 was C$ -0.28 Mil. Valhalla Metals's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Valhalla Metals 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.


Valhalla Metals Interest Expense Historical Data

The historical data trend for Valhalla Metals'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.

Valhalla Metals Interest Expense Chart

Valhalla Metals Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- - -

Valhalla Metals Quarterly Data
Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only - - - - -

Valhalla Metals 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.

* 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.


Valhalla Metals  (TSXV:VMXX) 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.

Valhalla Metals'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.

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

Valhalla Metals 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:

Valhalla Metals Inc has no debt.


Valhalla Metals (TSXV:VMXX) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Website
Valhalla Metals Inc is a private exploration company based in Fairbanks, Alaska. It currently holds exploration projects concentrated in the Ambler Mining District of Alaska in the Brooks Range of NW Alaska, including the Sun and Smucker VMS Projects.

Valhalla Metals (TSXV:VMXX) Headlines

No Headlines