Starr Peak Mining (TSXV:STE) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)

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What is Starr Peak Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Starr Peak Mining's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Starr Peak Mining's Operating Income for the three months ended in Jan. 2024 was C$ -0.30 Mil. Starr Peak Mining's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Starr Peak Mining 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.

Starr Peak Mining Interest Expense Historical Data

The historical data trend for Starr Peak Mining'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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Starr Peak Mining Interest Expense Chart

Starr Peak Mining Annual Data

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Interest Expense

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Starr Peak Mining Quarterly Data
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Starr Peak Mining 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Starr Peak Mining (TSXV:STE) 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.

Starr Peak Mining's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

Starr Peak Mining's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Starr Peak Mining had no long-term debt ⁽¹⁾.

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

Good Sign:

Starr Peak Mining Ltd has no debt.

Starr Peak Mining (TSXV:STE) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starr Peak Mining Ltd (TSXV:STE) » Definitions » Interest Expense

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STRPF:USA

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.starrpeakexploration.com

Starr Peak Mining Ltd is an exploration-stage junior mining company. It is engaged in the identification, acquisition, and exploration of mineral properties. It holds an interest in NewMetal Property. The business has one reportable operating segment being the acquisition and exploration of mineral properties within Canada.