GETT Gold (GETT Gold) Interest Expense : $-0.32 Mil (TTM As of Dec. 2023)

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What is GETT Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GETT Gold's interest expense for the three months ended in Dec. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.32 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. GETT Gold's Operating Income for the three months ended in Dec. 2023 was $ -0.27 Mil. GETT Gold's Interest Expense for the three months ended in Dec. 2023 was $ -0.02 Mil. GETT Gold did not have earnings to cover the interest expense. 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.

GETT Gold Interest Expense Historical Data

The historical data trend for GETT 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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GETT Gold Interest Expense Chart

GETT Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.14

-0.43

-0.18

-0.24

-0.38

GETT Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.07	-0.07	-0.06	-0.17	-0.02

GETT 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.32 Mil.

GETT Gold (OTCPK:RCCMF) 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.

GETT Gold's Interest Expense for the three months ended in Dec. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

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

GETT Gold did not have earnings to cover the interest expense.

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

GETT Gold (GETT Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GETT Gold Inc (OTCPK:RCCMF) » Definitions » Interest Expense

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GETT:Canada

Address

7055 Boulevard Taschereau, Suite 500, Brossard, QC, CAN, J4Z 1A7

Website

https://www.gettgold.com

GETT Gold Inc is engaged in the exploration and development of mineral properties in Canada. Its project includes Courville Maruska. In addition, the company provides thermal fragmentation mining technology for the mining industry.

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