RVSDF (Riverside Resources) Interest Expense : $0.00 Mil (TTM As of Dec. 2024)

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What is Riverside Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Riverside Resources's interest expense for the three months ended in Dec. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Riverside Resources's Operating Income for the three months ended in Dec. 2024 was $ -0.24 Mil. Riverside Resources's Interest Expense for the three months ended in Dec. 2024 was $ 0.00 Mil. Riverside Resources 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.

Riverside Resources Interest Expense Historical Data

The historical data trend for Riverside Resources'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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Riverside Resources Interest Expense Chart

Riverside Resources Annual Data

Trend

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Interest Expense

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Riverside Resources Quarterly Data
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Riverside Resources 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Riverside Resources (OTCPK:RVSDF) 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.

Riverside Resources's Interest Expense for the three months ended in Dec. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.00 Mil.

Riverside Resources's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Riverside Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Riverside Resources Inc has no debt.

Riverside Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Riverside Resources Inc (OTCPK:RVSDF) » Definitions » Interest Expense

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5YY:Germany 5YY:Germany RRI:Canada

Address

800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6

Website

https://www.rivres.com

Riverside Resources Inc is a mineral exploration and evaluation company engaged in the acquisition, exploration and evaluation of assets in the Americas including Canada, the United States and Mexico. The company's project profile includes Ariel Project, Cecilia Gold-Silver Project, La Union Project, Tajitos Gold Project, Los Cuarentas Gold-Silver Project, La Silla Gold-Silver Project, and Canadian Projects.

Riverside Resources Headlines

From GuruFocus

Riverside Resources Inc. Closes $2.8 Million Private Placement

By GlobeNewswire GlobeNewswire • 03-20-2019