Palamina (Palamina) Interest Expense : $-0.00 Mil (TTM As of Mar. 2024)

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What is Palamina Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Palamina's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Palamina's Operating Income for the three months ended in Mar. 2024 was $ -0.22 Mil. Palamina's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Palamina 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.

Palamina Interest Expense Historical Data

The historical data trend for Palamina'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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Palamina Interest Expense Chart

Palamina Annual Data

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Interest Expense

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Palamina Quarterly Data
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Palamina 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 $-0.00 Mil.

Palamina (OTCPK:PLMNF) 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.

Palamina's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Palamina had no long-term debt ⁽¹⁾.

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

Palamina (Palamina) Business Description

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PA:Canada

Address

145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8

Website

https://www.palamina.com

Palamina Corp is a Canada-based exploration stage company focused on the exploration of economic mineral deposits in Peru, and to a lesser extent in Mexico. The company's properties include the Peru Properties and El Santuario Property. Some of its projects include Coasa Gold Project, Bendi Gold Project, and Lagos Silver Copper Project, among others. It operates in a single segment. Geographically, it operates in Canada, Peru, and Mexico, out of which the majority is from Canada.

Palamina (Palamina) Headlines

From GuruFocus

Palamina Announces Grant of Options

By GlobeNewswire GlobeNewswire • 04-06-2018