GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevada Canyon Gold Corp (OTCPK:NGLD) » Definitions » Interest Expense

NGLD (Nevada Canyon Gold) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Nevada Canyon Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nevada Canyon Gold's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Nevada Canyon Gold's Operating Income for the three months ended in Sep. 2024 was $ -0.92 Mil. Nevada Canyon Gold's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Nevada Canyon 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.

Nevada Canyon Gold Interest Expense Historical Data

The historical data trend for Nevada Canyon 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.

* Premium members only.

Nevada Canyon Gold Interest Expense Chart

Nevada Canyon Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.10 -0.73 -

Nevada Canyon Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Nevada Canyon 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 Sep. 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.

Nevada Canyon Gold  (OTCPK:NGLD) 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.

Nevada Canyon Gold's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Nevada Canyon Gold's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Nevada Canyon Gold 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:

Nevada Canyon Gold Corp has no debt.

Nevada Canyon Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevada Canyon Gold Corp (OTCPK:NGLD) » Definitions » Interest Expense
Comparable Companies
GORO HYMC PZG AUST JUPGF AUGG VGZ BMXI GLNS MAGE SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV MIC:PLZL JSE:GFI AU SHSE:600547
Traded in Other Exchanges
N/A
Address
5655 Riggins Court, Suite 15, Reno, NV, USA, 89502
Website
https://www.nevadacanyongold.com
Nevada Canyon Gold Corp is a junior precious metals exploration company. The company holds an interest in the Nevada and the Lazy Claims Property located within the Walker Lane shear zone, Loman Property located in Mineral County, Nevada, Agai-Pah Property located in the northwestern portion of the Gillis Range, within the Buckley Mining District, Belshazzar Property, Swales Property, Olinghouse Project and Palmetto Project.
Executives
Jeffrey Cocks director, 10 percent owner, officer: President/CEO/CFO 118 8TH AVE. NW, CALGARY A0 T2M 0A4
Alan Day director 5655 RIGGINS COURT,, STE 15, RENO NV 89502
Ryan Mcmillan officer: VP of Operations 32565-B GOLDEN LANTERN ST. #500, DANA POINT CA 92629
Robert Frank List director 1120 NORTH TOWN CENTER DRIVE,, STE. 200, LAS VEGAS NV 89144
Bcim Management, Lp 10 percent owner 207 E. OHIO ST., SUITE 400, CHICAGO IL 60611
Michael S Levine director, 10 percent owner 201 SANTA MONICA BLVD, STE 200, SANTA MONICA CA 90401