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Ridgeline Minerals (Ridgeline Minerals) Interest Expense : $0.00 Mil (TTM As of Sep. 2023)


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What is Ridgeline Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ridgeline Minerals's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $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. Ridgeline Minerals's Operating Income for the three months ended in Sep. 2023 was $ -0.21 Mil. Ridgeline Minerals's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. GuruFocus does not calculate Ridgeline Minerals's interest coverage with the available data. 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.


Ridgeline Minerals Interest Expense Historical Data

The historical data trend for Ridgeline Minerals'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.

Ridgeline Minerals Interest Expense Chart

Ridgeline Minerals Annual Data
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Ridgeline Minerals Quarterly Data
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Ridgeline Minerals 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.


Ridgeline Minerals  (OTCPK:RDGMF) 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.

Ridgeline Minerals's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.09 Mil.

Ridgeline Minerals's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

GuruFocus does not calculate Ridgeline Minerals's interest coverage with the available data.

* 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. Ridgeline Minerals Corp has enough cash to cover all of its debt. Its financial situation is stable.


Ridgeline Minerals (Ridgeline Minerals) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Ridgeline Minerals Corp is a discovery-focused gold-silver explorer with a proven management team and an approximately 154 km exploration portfolio across four projects in the highly prospective Carlin and Battle Mountain - Eureka Trends in Nevada.