Electrum Discovery (FRA:R8N) Interest Expense : €-0.01 Mil (TTM As of Sep. 2024)

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What is Electrum Discovery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Electrum Discovery's interest expense for the three months ended in Sep. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.01 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. Electrum Discovery's Operating Income for the three months ended in Sep. 2024 was € -0.22 Mil. Electrum Discovery's Interest Expense for the three months ended in Sep. 2024 was € 0.00 Mil. Electrum Discovery 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.

Electrum Discovery Interest Expense Historical Data

The historical data trend for Electrum Discovery'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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Electrum Discovery Interest Expense Chart

Electrum Discovery Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.01

Electrum Discovery Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial			-	-0.01	-	-	-

Electrum Discovery 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Electrum Discovery (FRA:R8N) 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.

Electrum Discovery's Interest Expense for the three months ended in Sep. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0.00 Mil.

Electrum Discovery's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Electrum Discovery had no long-term debt ⁽¹⁾.

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

Electrum Discovery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electrum Discovery Corp (FRA:R8N) » Definitions » Interest Expense

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Traded in Other Exchanges

ELDCF:USA ELY:Canada

Address

200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6

Website

https://www.medgoldresources.com

Electrum Discovery Corp is a Canadian-based mineral exploration and development company focused on the Western Tethyan Belt with activities in the Republic of Serbia. The current focus of the company is its copper-gold Timok East Project and Novo Tlamino Project.

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