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Richmond Minerals (FRA:R520) Interest Expense : €-0.00 Mil (TTM As of Nov. 2024)


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What is Richmond Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Richmond Minerals's interest expense for the three months ended in Nov. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 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. Richmond Minerals's Operating Income for the three months ended in Nov. 2024 was € -0.02 Mil. Richmond Minerals's Interest Expense for the three months ended in Nov. 2024 was € 0.00 Mil. Richmond 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.


Richmond Minerals Interest Expense Historical Data

The historical data trend for Richmond 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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Richmond Minerals Interest Expense Chart

Richmond Minerals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Expense
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Richmond Minerals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Richmond 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 Nov. 2024 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.


Richmond Minerals  (FRA:R520) 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.

Richmond Minerals's Interest Expense for the three months ended in Nov. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was €-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was €0.00 Mil.

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

Richmond Minerals 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.


Richmond Minerals Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment being Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.

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