DMIFF (Diamcor Mining) Interest Expense: $-1.17 Mil (TTM As of Dec. 2024)


DMIFF Diamcor Mining Inc DMIFF
18 GF Score
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What is Diamcor Mining Interest Expense?

Diamcor Mining DMIFF 18 Interest Expense is $-1.17 Mil as of Dec. 2024. GuruFocus rates DMIFF with a GF Score™ of 18/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Diamcor Mining's interest expense for the three months ended in Dec. 2024 was $ -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-1.17 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. Diamcor Mining's Operating Income for the three months ended in Dec. 2024 was $ -0.36 Mil. Diamcor Mining's Interest Expense for the three months ended in Dec. 2024 was $ -0.28 Mil. Diamcor Mining 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.


Diamcor Mining  (OTCPK:DMIFF) 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.

Diamcor Mining's Interest Expense for the three months ended in Dec. 2024 was $-0.28 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.09 Mil.

Diamcor Mining's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Diamcor Mining did not have earnings to cover the interest expense.

* 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.


Diamcor Mining Interest Expense Historical Data

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The historical data trend for Diamcor 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.

Diamcor Mining Interest Expense Chart

Diamcor Mining Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.57 -0.93 -1.00 -1.17 -1.20

Diamcor Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -0.40 -0.31 -0.18 -0.28
DMIFF
18GF Score
Diamcor Mining Inc DMIFF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Diamcor 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.17 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.17 Mil mean?
Diamcor Mining (DMIFF) has a Interest Expense of $-1.17 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Diamcor Mining and its competitors.
Is Diamcor Mining's Interest Expense too high?
Diamcor Mining's current Interest Expense is $-1.17 Mil. Overall, Diamcor Mining has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Diamcor Mining's Interest Expense compare to AUMN and HL?
Diamcor Mining's Interest Expense of $-1.17 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Diamcor Mining and its competitors. Diamcor Mining's current Interest Expense is $-1.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamcor Mining stock overvalued right now?
Diamcor Mining (DMIFF) has a current Interest Expense of $-1.17 Mil. The current Interest Expense is $-1.17 Mil. Diamcor Mining's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Diamcor Mining (DMIFF), the current Interest Expense is $-1.17 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diamcor Mining Business Description

Address 1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include the Krone-Endora at Venetia project. Geographically, it operates in Canada and South Africa.
18GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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