FOMNF (Forte Minerals) Interest Expense : $0.00 Mil (TTM As of Mar. 2025)

View and export this data going back to 2022. Start your Free Trial

What is Forte Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forte Minerals's interest expense for the three months ended in Mar. 2025 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 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. Forte Minerals's Operating Income for the three months ended in Mar. 2025 was $ -0.22 Mil. Forte Minerals's Interest Expense for the three months ended in Mar. 2025 was $ 0.00 Mil. Forte Minerals 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.

Forte Minerals Interest Expense Historical Data

The historical data trend for Forte Minerals'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.

* Premium members only.

Forte Minerals Interest Expense Chart

Forte Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Forte Minerals Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial														-	-	-	-	-

Forte Minerals 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Forte Minerals (OTCPK:FOMNF) 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.

Forte Minerals's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2025 was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $0.00 Mil.

Forte Minerals's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Forte Minerals had no long-term debt ⁽¹⁾.

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

Good Sign:

Forte Minerals Corp has no debt.

Forte Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forte Minerals Corp (OTCPK:FOMNF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

2OA:Germany CUAU:Canada

Address

1005-409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.forteminerals.com

Forte Minerals Corp is a mining exploration company focused on copper and gold in Peru. Its portfolio comprises Esperanza, Pucarini, Alto Ruri, and the Miscanthus projects in Peru.