Metallis Resources (Metallis Resources) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)

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What is Metallis Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metallis Resources'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 $-0.01 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. Metallis Resources's Operating Income for the three months ended in Dec. 2023 was $ -0.19 Mil. Metallis Resources's Interest Expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Metallis Resources 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.

Metallis Resources Interest Expense Historical Data

The historical data trend for Metallis Resources'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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Metallis Resources Interest Expense Chart

Metallis Resources Annual Data

Trend

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Dec23

Interest Expense

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-0.01

Metallis Resources Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Metallis Resources 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 $-0.01 Mil.

Metallis Resources (OTCPK:MTLFF) 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.

Metallis Resources'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 $-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.02 Mil.

Metallis Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Metallis Resources did not have earnings to cover the interest expense.

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

Metallis Resources (Metallis Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metallis Resources Inc (OTCPK:MTLFF) » Definitions » Interest Expense

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0CVM:Germany MTS:Canada

Address

850 West Hastings Street, Suite 604, Vancouver, BC, CAN, V6C 1E1

Website

https://www.metallisresources.com

Metallis Resources Inc is a Canada-based company engaged in the exploration of mineral properties. Its projects include Kirkham Property. Kirkham Property is comprised of 30 mineral claims situated in the Golden triangle region of north-western British Columbia, Canada.