Forsys Metals (Forsys Metals) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Forsys Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forsys Metals's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Forsys Metals's Operating Income for the three months ended in Dec. 2023 was $ -1.93 Mil. Forsys Metals's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Forsys Metals 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.

Forsys Metals Interest Expense Historical Data

The historical data trend for Forsys Metals'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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Forsys Metals Interest Expense Chart

Forsys Metals Annual Data

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Interest Expense

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Forsys Metals Quarterly Data
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Forsys Metals 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Forsys Metals (OTCPK:FOSYF) 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.

Forsys Metals's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-1.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

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

Forsys Metals had no long-term debt ⁽¹⁾.

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

Good Sign:

Forsys Metals Corp has no debt.

Forsys Metals (Forsys Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forsys Metals Corp (OTCPK:FOSYF) » Definitions » Interest Expense

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F2T:Germany FSY:Canada

Address

20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6

Website

https://www.forsysmetals.com

Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production. Norasa project is the consolidation of the Valencia and Namibplaas Uranium projects.

Forsys Metals (Forsys Metals) Headlines

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