DRYGF (Dryden Gold) Interest Expense : $ Mil (TTM As of Dec. 2023)

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What is Dryden Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dryden Gold's interest expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Dryden Gold does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Dryden Gold's Operating Income for the six months ended in Dec. 2023 was $ -2.68 Mil. Dryden Gold's Interest Expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Dryden Gold 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.

Dryden Gold Interest Expense Historical Data

The historical data trend for Dryden 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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Dryden Gold Interest Expense Chart

Dryden Gold Annual Data

Trend

Dec22

Dec23

Interest Expense

Dryden Gold Semi-Annual Data
	Dec22	Dec23
Interest Expense	-	-

Dryden Gold Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Dryden Gold (OTCPK:DRYGF) 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.

Dryden Gold's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-2.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.00 Mil.

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

Dryden Gold had no long-term debt ⁽¹⁾.

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

Good Sign:

Dryden Gold Corp has no debt.

Dryden Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dryden Gold Corp (OTCPK:DRYGF) » Definitions » Interest Expense

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DRY:Canada

Address

25th Floor, 700 West Georgia Street, Vancouver, BC, CAN, V7Y 1K8

Website

https://www.drydengold.com

Dryden Gold Corp is a a junior exploration company focused on high-grade gold mineralization in Northwestern Ontario, Canada. The company has three projects which are Gold Rock Project, Lower Manitou Project and Tremblay Project.

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