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Euro Ressources (Euro Ressources) Interest Expense : $0.00 Mil (TTM As of Sep. 2023)


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What is Euro Ressources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euro Ressources'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. Euro Ressources's Operating Income for the three months ended in Sep. 2023 was $ 8.98 Mil. Euro Ressources's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Euro Ressources 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.


Euro Ressources Interest Expense Historical Data

The historical data trend for Euro Ressources'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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Euro Ressources Interest Expense Chart

Euro Ressources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
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Euro Ressources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Euro Ressources 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.


Euro Ressources  (OTCPK:ERRSF) 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.

Euro Ressources'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 $8.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

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

Euro Ressources had no long-term debt (1).

* 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:

Euro Ressources SA has no debt.


Euro Ressources (Euro Ressources) Business Description

Traded in Other Exchanges
Address
23, Rue du Roule, Paris, FRA, 75001
Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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