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MSLVF (First Andes Silver) Interest Expense : $0.00 Mil (TTM As of May. 2024)


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What is First Andes Silver Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Andes Silver's interest expense for the three months ended in May. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 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. First Andes Silver's Operating Income for the three months ended in May. 2024 was $ -0.10 Mil. First Andes Silver's Interest Expense for the three months ended in May. 2024 was $ 0.00 Mil. First Andes Silver 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.


First Andes Silver Interest Expense Historical Data

The historical data trend for First Andes Silver'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.

First Andes Silver Interest Expense Chart

First Andes Silver Annual Data
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Interest Expense
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First Andes Silver Quarterly Data
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Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

First Andes Silver 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 May. 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.


First Andes Silver  (OTCPK:MSLVF) 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.

First Andes Silver's Interest Expense for the three months ended in May. 2024 was $0.00 Mil. Its Operating Income for the three months ended in May. 2024 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was $0.00 Mil.

First Andes Silver's Interest Coverage for the quarter that ended in May. 2024 is calculated as

First Andes Silver 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:

Ben Graham prefers companies' interest coverage to be at least 5. First Andes Silver Ltd has enough cash to cover all of its debt. Its financial situation is stable.


First Andes Silver Business Description

Traded in Other Exchanges
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Mantaro Precious Metals Corp holds a diversified portfolio of gold and silver-focused mineral properties in Bolivia and Peru. The company holds an option to acquire up to an 80% interest in the advanced Golden Hill Property (Golden Hill), located in the underexplored, orogenic Bolivia Shield, Bolivia. It also holds 100% interest in high-grade Santas Gloria Silver Property as well as a 100% interest in the San Jose, La Purisima, Cerro Luque and Huaranay Properties (Silver Properties) located in Peru.