LONCF (Loncor Gold) Interest Expense : $-0.15 Mil (TTM As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Loncor Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Loncor Gold's interest expense for the three months ended in Sep. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.15 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. Loncor Gold's Operating Income for the three months ended in Sep. 2024 was $ -0.73 Mil. Loncor Gold's Interest Expense for the three months ended in Sep. 2024 was $ -0.01 Mil. Loncor Gold 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.

Loncor Gold Interest Expense Historical Data

The historical data trend for Loncor Gold'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.

* Premium members only.

Loncor Gold Interest Expense Chart

Loncor Gold Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-0.03

-0.01

-0.02

-0.15

Loncor Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-	-0.01	-0.14

Loncor Gold 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 $-0.15 Mil.

Loncor Gold (OTCPK:LONCF) 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.

Loncor Gold's Interest Expense for the three months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.04 Mil.

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

Loncor Gold did not have earnings to cover the interest expense.

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

Loncor Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Loncor Gold Inc (OTCPK:LONCF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LO51:Germany LN:Canada

Address

4120 Yonge Street, Suite 304, 1 First Canadian Place, Toronto, ON, CAN, M2P 2B8

Website

https://www.loncor.com

Loncor Gold Inc is a gold exploration company focused on projects on the Ngayu Belt in the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.