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RNGG (Reno Gold) Interest Expense : $ Mil (TTM As of . 20)


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What is Reno Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reno Gold's interest expense for the six months ended in . 20 was $ 0.00 Mil. Reno Gold does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Reno Gold's Operating Income for the six months ended in . 20 was $ 0.00 Mil. Reno Gold's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. Reno Gold 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.


Reno Gold Interest Expense Historical Data

The historical data trend for Reno 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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Reno Gold Interest Expense Chart

Reno Gold Annual Data
Trend
Interest Expense

Reno Gold Semi-Annual Data
Interest Expense

Reno Gold Interest Expense Calculation

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


Reno Gold  (OTCPK:RNGG) 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.

Reno Gold's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its Operating Income for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

Reno Gold's Interest Coverage for the quarter that ended in . 20 is calculated as

Reno 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.


Reno Gold Business Description

Traded in Other Exchanges
N/A
Address
119 Westcreek Drive - Unit 3, Woodbridge, ON, CAN, L4L9N6
Reno Gold Corp is engaged in precious metals exploration in the area of Nevada, United States.

Reno Gold Headlines

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