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PUBC (PureBase) Interest Expense : $-0.10 Mil (TTM As of Aug. 2024)


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What is PureBase Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PureBase's interest expense for the three months ended in Aug. 2024 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.10 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. PureBase's Operating Income for the three months ended in Aug. 2024 was $ -0.25 Mil. PureBase's Interest Expense for the three months ended in Aug. 2024 was $ -0.02 Mil. PureBase 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.


PureBase Interest Expense Historical Data

The historical data trend for PureBase'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.

PureBase Interest Expense Chart

PureBase Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 -0.02 -0.09 -0.04 -0.08

PureBase Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.03 -0.03 -0.03 -0.02 -0.02

PureBase 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


PureBase  (OTCPK:PUBC) 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.

PureBase's Interest Expense for the three months ended in Aug. 2024 was $-0.02 Mil. Its Operating Income for the three months ended in Aug. 2024 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was $0.62 Mil.

PureBase's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

PureBase did not have earnings to cover the interest expense.

* 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.


PureBase Business Description

Traded in Other Exchanges
N/A
Address
8631 State Highway 124 lone, Ione, CA, USA, 95640
PureBase Corp is a diversified, industrial mineral and natural resource company. It provides new and improved, and environmentally sound solutions to a wide range of industries including cornerstone markets of agriculture and construction. The Company develops specialized fertilizers, sun protectants, soil amendments and bio-stimulants for organic and non-organic sustainable agriculture. The company focuses on the acquisition, development, mining developing, and marketing of natural mineral properties in California, Nevada, and the United States.
Executives
Bradford Charles Barto director 2461 CRESTVIEW DRIVE, NEWPORT BEACH CA 92663
Jeffrey J Guzy director 3130 19TH STREET, NORTH, ARLINGTON VA 22201
Kimberly Erin Kurtis director 805 ADAIR AVE NE, ATLANTA GA 30306
Craig C Barto 10 percent owner 14761 BENTLEY CIRCLE, TUSTIN CA 92680
Michael Joseph Fay officer: Chief Financial Officer 39270 PASEO PADRE PKWY, #459, FREMONT CA 94538
John A Bremer director, 10 percent owner 10490 DAWSON CANYON ROAD, CORONA CA 92883
David Earl Jenkins director 1110 W. MARLETTE STREET, IONE CA 95640
Thomas Michael Swett director 3125 PETTY LANE, CARMICHAEL CA 95608
A Scott Dockter director, 10 percent owner, officer: CEO 3090 BOEING ROAD, CAMERON PARK CA 95682
Alfred Joseph Calvanico officer: CFO 8625 HIGHWAY 124, PO BOX 757, IONE CA 95640
Amy Clemens officer: CFO & Secretary 1670 SIERRA AVENUE, STE. 402, YUBA CITY CA 95993
Calvin Lim director 6580 HAVEN SIDE DRIVE, SACRAMENTO CA 95831
John Gingerich director 237 WEDGEWOOD DRIVE, WOODSTOCK A6 N4T 0J1
Bay Street Capital Corp 10 percent owner SEA MEADOW HOUSE, BLACKBURNE HIGHWAY, PO BOX 116, ROAD TOWN, TORTOLA D8 00000