Minerva Gold (Minerva Gold) Interest Expense : $0.00 Mil (TTM As of Feb. 2024)

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What is Minerva Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minerva Gold's interest expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. Minerva Gold's Operating Income for the three months ended in Feb. 2024 was $ -0.02 Mil. Minerva Gold's Interest Expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Minerva Gold 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.

Minerva Gold Interest Expense Historical Data

The historical data trend for Minerva 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.

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Minerva Gold Interest Expense Chart

Minerva Gold Annual Data

Trend

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Interest Expense

Minerva Gold Quarterly Data
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Minerva 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Minerva Gold (OTCPK:MINR) 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.

Minerva Gold's Interest Expense for the three months ended in Feb. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.00 Mil.

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

Minerva Gold had no long-term debt ⁽¹⁾.

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

Minerva Gold (Minerva Gold) Business Description

Industry

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

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Traded in Other Exchanges

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Address

12/1 Kunayev str, IA 17, Nur-Sultan, KAZ, 010000

Website

Minerva Gold Inc is a junior mineral exploration company engaged in the identification, acquisition and exploration of precious metals in Kazakhstan.

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