NuLegacy Gold (NuLegacy Gold) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is NuLegacy Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NuLegacy Gold'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 $0.00 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. NuLegacy Gold's Operating Income for the three months ended in Dec. 2023 was $ -0.31 Mil. NuLegacy Gold's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. NuLegacy 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.

NuLegacy Gold Interest Expense Historical Data

The historical data trend for NuLegacy 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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NuLegacy Gold Interest Expense Chart

NuLegacy Gold Annual Data

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Interest Expense

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NuLegacy Gold Quarterly Data
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NuLegacy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

NuLegacy Gold (OTCPK:NULGF) 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.

NuLegacy Gold'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 $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

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

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

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

Good Sign:

NuLegacy Gold Corp has no debt.

NuLegacy Gold (NuLegacy Gold) Business Description

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

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Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.nulegacygold.com

NuLegacy Gold Corp is an exploration company. It is engaged in the business of exploration, development, and extraction of gold and other precious metals. The company mainly operates its business activities from Nevada through its Red Hill property which is located on trend and adjacent to the three multi-million ounces Carlin-type gold deposits (the Pipeline, Cortez Hills, and Goldrush deposits) that are amongst Barrick Gold mines.