Strategic Minerals Europe (NEOE:SNTA) Interest Expense : C$-1.15 Mil (TTM As of Mar. 2024)

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What is Strategic Minerals Europe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Strategic Minerals Europe's interest expense for the three months ended in Mar. 2024 was C$ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.15 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. Strategic Minerals Europe's Operating Income for the three months ended in Mar. 2024 was C$ -1.55 Mil. Strategic Minerals Europe's Interest Expense for the three months ended in Mar. 2024 was C$ -0.30 Mil. Strategic Minerals Europe 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.

Strategic Minerals Europe Interest Expense Historical Data

The historical data trend for Strategic Minerals Europe'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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Strategic Minerals Europe Interest Expense Chart

Strategic Minerals Europe Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.81

-0.40

-0.36

-1.05

Strategic Minerals Europe Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial										-0.20	-0.12	-0.37	-0.36	-0.30

Strategic Minerals Europe 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.15 Mil.

Strategic Minerals Europe (NEOE:SNTA) 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.

Strategic Minerals Europe's Interest Expense for the three months ended in Mar. 2024 was C$-0.30 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$1.84 Mil.

Strategic Minerals Europe's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Strategic Minerals Europe did not have earnings to cover the interest expense.

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

Strategic Minerals Europe (NEOE:SNTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Minerals Europe Corp (NEOE:SNTA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SNTAF:USA

Address

Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006

Website

https://www.strategicminerals.com

Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain. It holds permits and licenses related to two Spanish mining projects called the Alberta II project and the Penouta project.

Executives

Serafino Iacono

10% Security Holder

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