GMV Minerals (FRA:G3MN) Interest Expense : €0.00 Mil (TTM As of Dec. 2024)

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What is GMV Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GMV Minerals's interest expense for the three months ended in Dec. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. GMV Minerals's Operating Income for the three months ended in Dec. 2024 was € -0.09 Mil. GMV Minerals's Interest Expense for the three months ended in Dec. 2024 was € 0.00 Mil. GMV 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.

GMV Minerals Interest Expense Historical Data

The historical data trend for GMV 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.

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GMV Minerals Interest Expense Chart

GMV Minerals Annual Data

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Interest Expense

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GMV Minerals Quarterly Data
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GMV 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

GMV Minerals (FRA:G3MN) 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.

GMV Minerals's Interest Expense for the three months ended in Dec. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was €-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €0.00 Mil.

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

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

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

Good Sign:

GMV Minerals Inc has no debt.

GMV Minerals Business Description

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GMVMF:USA GMV:Canada

Address

1090 West Georgia Street, Suite 1050, Vancouver, BC, CAN, V6E 3V7

Website

https://www.gmvminerals.com

GMV Minerals Inc is an exploration stage and its principal business activity is the sourcing and exploration of mineral properties. The company is in the process of exploring its principal mineral properties in southeast Arizona and north central Nevada. It holds an interest in the Mexican Hat project, in Arizona, and the Daisy Creek Lithium project in Nevada. The company has one operating segment: mineral exploration. GMV Minerals operates in one geographical segment, the United States of America.

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