TMRC (Texas Mineral Resources) Interest Expense : $-0.35 Mil (TTM As of May. 2025)

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What is Texas Mineral Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Texas Mineral Resources's interest expense for the three months ended in May. 2025 was $ -0.31 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2025 was $-0.35 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. Texas Mineral Resources's Operating Income for the three months ended in May. 2025 was $ -0.51 Mil. Texas Mineral Resources's Interest Expense for the three months ended in May. 2025 was $ -0.31 Mil. Texas Mineral Resources 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.

Texas Mineral Resources Interest Expense Historical Data

The historical data trend for Texas Mineral 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.

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Texas Mineral Resources Interest Expense Chart

Texas Mineral Resources Annual Data

Trend

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Interest Expense

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-0.01

Texas Mineral Resources Quarterly Data
	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.04	-0.31

Texas Mineral 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 May. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.35 Mil.

Texas Mineral Resources (OTCPK:TMRC) 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.

Texas Mineral Resources's Interest Expense for the three months ended in May. 2025 was $-0.31 Mil. Its Operating Income for the three months ended in May. 2025 was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2025 was $0.00 Mil.

Texas Mineral Resources's Interest Coverage for the quarter that ended in May. 2025 is calculated as

Texas Mineral Resources did not have earnings to cover the interest expense.

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

Texas Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Texas Mineral Resources Corp (OTCPK:TMRC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

539 El Paso Street, Sierra Blanca, TX, USA, 79851

Website

https://www.tmrcorp.com

Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.

Executives

Anthony G. Marchese	director	15 BADEAU AVENUE, SUMMIT X1 07901
Cecil C Wall	director	3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Lavern K Lund	director	5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Clark Moseley	director	PO BOX 2466, SIOUX FALLS SD 57101
Kevin A. Francis	director	553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126
Peter Jr. Denetclaw	director	6040 SANTA CLARA DR, FARMINGTON NM 87402
Chris Mathers	officer: CFO	7 COPANA PT., ROCKPORT TX 78382
Daniel E Gorski	director, officer: Chief Executive Officer	7 COPANO PT. RD., ROCKPORT TX 78382
Nicholas Pingitore	director	C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112
Sc Fundamental Llc	director	747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Navajo Transitional Energy Company, Llc	10 percent owner	PO BOX 11, FARMINGTON NM 87499
Edward A Collery	other: Member of 10% owner group	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Sc Fundamental Llc Employee Savings & Profit Sharing Plan	10 percent owner	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Peter M Collery	director	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017
Neil H Koffler	director	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017