What is Gold Reserve Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Reserve'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 $0.00 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. Gold Reserve's Operating Income for the
three
months ended in Sep. 2024 was $ -2.65 Mil. Gold Reserve's Interest Expense for the
three
months ended in Sep. 2024 was $ 0.00 Mil.
Gold Reserve 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.
Gold Reserve 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 $0.00 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.
Gold Reserve (OTCPK:GDRZF) 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.
Gold Reserve'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 $-2.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2024 was $0.00 Mil.
Gold Reserve's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as
| Gold Reserve 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.
Good Sign:
Gold Reserve Ltd has no debt.
Gold Reserve Business Description
Traded in Other Exchanges
Address
999 West Riverside Avenue, Suite 401, Spokane, WA, USA, 99201
Gold Reserve Ltd along with its subsidiaries, is engaged in the business of acquiring, exploring, and developing mining projects. Its primary business activities have been the collection of the remaining amounts owed to the company by Venezuela and, working toward all remedies that are available concerning the Siembra Minera Project. Siembra Minera project was granted certain gold, copper, silver, and other strategic mineral rights.
Executives
| Steelhead Navigator Master, L.p. |
10 percent owner |
C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104 |
| Rockne J Timm |
director, officer: Chief Executive Officer |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| A Douglas Belanger |
director, officer: President |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| Robert A Mcguinness |
officer: Vice President Finance and CFO |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| Patrick D Mcchesney |
director |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| Jean Charles Potvin |
director |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| James P Geyer |
director, officer: Senior Vice President |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| Mary E Smith |
officer: VP Administration & Secretary |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVE, SUITE 200, SPOKANE WA 99201 |
| Chris D Mikkelsen |
director |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| James Hayward Coleman |
director |
C/O GOLD RESERVE CORP, 926 W. SPRAGUE AVENUE, SUITE 200, SPOKANE WA 99201 |
| Steelhead Partners Llc |
other: See footnotes |
800 FIFTH AVENUE, SUITE 3700, SEATTLE WA 98104 |
| James Michael Johnston |
other: See footnotes |
333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004 |
| Brian Katz Klein |
other: See footnotes |
333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004 |
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