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Mexican Gold Mining (Mexican Gold Mining) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)


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What is Mexican Gold Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mexican Gold Mining's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Mexican Gold Mining's Operating Income for the three months ended in Dec. 2023 was $ -0.11 Mil. Mexican Gold Mining's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Mexican Gold Mining 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.


Mexican Gold Mining Interest Expense Historical Data

The historical data trend for Mexican Gold Mining'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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Mexican Gold Mining Interest Expense Chart

Mexican Gold Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
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Mexican Gold Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Mexican Gold Mining 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 Dec. 2023 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.


Mexican Gold Mining  (OTCPK:MEXGF) 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.

Mexican Gold Mining's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Mexican Gold Mining's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Mexican Gold Mining 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:

Mexican Gold Mining Corp has no debt.


Mexican Gold Mining (Mexican Gold Mining) Business Description

Traded in Other Exchanges
Address
1600-595 Burrard Street, WeWork, c/o Mexican Gold Mining Corp, Vancouver, BC, CAN, V7X 1L4
Mexican Gold Mining Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of exploration of mineral properties in Canada and Mexico. The company holds an interest in Las Minas project. It earns majority of its profit from Canada.

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