RAFX (Rafex Gold) Interest Expense: $ Mil (TTM As of Sep. 2023)


RAFX Rafex Gold Corp RAFX
39 GF Score
Price $0.50
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What is Rafex Gold Interest Expense?

Rafex Gold RAFX -50.32% 39 Interest Expense is $ Mil as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rafex Gold's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Rafex Gold does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. Rafex Gold's Operating Income for the three months ended in Sep. 2023 was $ -0.02 Mil. Rafex Gold's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Rafex 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.

Rafex Gold  (OTCPK:RAFX) 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.

Rafex Gold's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

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

Rafex 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.

Rafex Gold Interest Expense Historical Data

* Premium members only.

The historical data trend for Rafex 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.

Rafex Gold Interest Expense Chart

Rafex Gold Annual Data
Trend
Interest Expense

Rafex Gold Quarterly Data
Sep22 Sep23
Interest Expense 0.00 0.00
RAFX
39GF Score
Rafex Gold Corp RAFX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafex Gold Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Rafex Gold (RAFX) has a Interest Expense of $ Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rafex Gold and its competitors.
Is Rafex Gold's Interest Expense too high?
Rafex Gold's current Interest Expense is $ Mil. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's Interest Expense compare to AHAD and BLAIF?
Rafex Gold's Interest Expense of $ Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rafex Gold and its competitors. Rafex Gold's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. Rafex Gold's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Rafex Gold (RAFX), the current Interest Expense is $ Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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