Strategic Resources (FRA:UI8) Interest Expense: €-0.22 Mil (TTM As of Mar. 2023)


FRA:UI8 Strategic Resources Inc FRA:UI8
35 GF Score
Price €0.17
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What is Strategic Resources Interest Expense?

Strategic Resources FRA:UI8 -5.56% 35 Interest Expense is €-0.22 Mil as of Mar. 2023. GuruFocus rates FRA:UI8 with a GF Score™ of 35/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Strategic Resources's interest expense for the three months ended in Mar. 2023 was € -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was €-0.22 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. Strategic Resources's Operating Income for the three months ended in Mar. 2023 was € -1.20 Mil. Strategic Resources's Interest Expense for the three months ended in Mar. 2023 was € -0.22 Mil. Strategic Resources did not have earnings to cover the interest expense. 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.

Strategic Resources  (FRA:UI8) 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.

Strategic Resources's Interest Expense for the three months ended in Mar. 2023 was €-0.22 Mil. Its Operating Income for the three months ended in Mar. 2023 was €-1.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was €11.11 Mil.

Strategic Resources's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Strategic Resources did not have earnings to cover the interest expense.

* 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.

Strategic Resources Interest Expense Historical Data

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The historical data trend for Strategic Resources'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.

Strategic Resources Interest Expense Chart

Strategic Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.01 0.00 0.00

Strategic Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.22
FRA:UI8
35GF Score
Strategic Resources Inc FRA:UI8
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Strategic Resources 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.22 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-0.22 Mil mean?
Strategic Resources (FRA:UI8) has a Interest Expense of €-0.22 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Strategic Resources and its competitors.
Is Strategic Resources' Interest Expense too high?
Strategic Resources' current Interest Expense is €-0.22 Mil. Overall, Strategic Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Strategic Resources' Interest Expense compare to competitors?
Strategic Resources' Interest Expense of €-0.22 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Strategic Resources and its competitors. Strategic Resources's current Interest Expense is €-0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Resources stock overvalued right now?
Strategic Resources (FRA:UI8) has a current Interest Expense of €-0.22 Mil. The current Interest Expense is €-0.22 Mil. Strategic Resources' overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Strategic Resources (FRA:UI8), the current Interest Expense is €-0.22 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Strategic Resources Business Description

Address 1155 Metcalfe Street, Suite 1539, Montreal, QC, CAN, H3B 2V6
Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, metallic iron, and critical minerals. The company has assets in two mining jurisdictions, including the BlackRock Vanadium-Titanium-Iron Project in Chibougamau, Quebec, where it is developing a mining property and pellet plant in Saguenay, Quebec. The company also holds the Mustavaara vanadium project in Finland. Strategic Resources supplies metallic iron for foundry and steel producers in North America and Europe.
35GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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