Sidney Resources (Sidney Resources) Interest Expense : $ Mil (TTM As of . 20)

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What is Sidney Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sidney Resources's interest expense for the three months ended in . 20 was $ 0.00 Mil. Sidney Resources 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. Sidney Resources's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Sidney Resources's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Sidney Resources 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.

Sidney Resources Interest Expense Historical Data

The historical data trend for Sidney 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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Sidney Resources Interest Expense Chart

Sidney Resources Annual Data

Trend

Interest Expense

Sidney Resources Quarterly Data

Interest Expense

Sidney Resources Interest Expense Calculation

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

Sidney Resources (OTCPK:SDRC) 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.

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

Sidney Resources's Interest Coverage for the quarter that ended in . 20 is calculated as

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

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

Sidney Resources (Sidney Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sidney Resources Corp (OTCPK:SDRC) » Definitions » Interest Expense

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Address

505 E Front Avenue, Suite 202, Coeur D Alene, ID, USA, 83814

Website

https://www.sidneyresourcescorporation.com

Sidney Resources Corp mineral exploration and development company actively engaged in the acquisition, exploration, and production of gold and silver properties. It is currently focused on the development and production of three patented claims and fourteen unpatented claims located in the Warren Mine District of Idaho. It includes Precious metals, mining, processing & marketing. Technology research and development for use in mining and construction applications.