GRDV (Golden Royal Development) Interest Expense: $0.00 Mil (TTM As of Sep. 2024)


GRDV Golden Royal Development Inc GRDV
18 GF Score
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What is Golden Royal Development Interest Expense?

Golden Royal Development GRDV 18 Interest Expense is $0.00 Mil as of Sep. 2024. GuruFocus rates GRDV with a GF Score™ of 18/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Golden Royal Development'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. Golden Royal Development's Operating Income for the three months ended in Sep. 2024 was $ -0.00 Mil. Golden Royal Development's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Golden Royal Development 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.

Golden Royal Development  (OTCPK:GRDV) 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.

Golden Royal Development'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 $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Golden Royal Development's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Golden Royal Development 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.

Golden Royal Development Interest Expense Historical Data

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The historical data trend for Golden Royal Development'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.

Golden Royal Development Interest Expense Chart

Golden Royal Development Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
-0.00 -0.01 0.00 0.00 0.00

Golden Royal Development Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00
GRDV
18GF Score
Golden Royal Development Inc GRDV
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Royal Development 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Golden Royal Development (GRDV) has a Interest Expense of $0.00 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Golden Royal Development and its competitors.
Is Golden Royal Development's Interest Expense too high?
Golden Royal Development's current Interest Expense is $0.00 Mil. Overall, Golden Royal Development has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Golden Royal Development's Interest Expense compare to LBRMF and ATAO?
Golden Royal Development's Interest Expense of $0.00 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 Golden Royal Development and its competitors. Golden Royal Development's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Royal Development stock overvalued right now?
Golden Royal Development (GRDV) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Golden Royal Development's overall GF Score™ is 18/100. 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 Golden Royal Development (GRDV), the current Interest Expense is $0.00 Mil as of Sep. 2024. 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.

Golden Royal Development Business Description

Address 543 Bedford Avenue, Suite 176, New York, NY, USA, 11211
Golden Royal Development Inc United States-based company. The company engages in the business of purchasing and selling mineral leases and other interests in mineral rights.
18GF 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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