SHCMF (Search Minerals) Interest Expense: $-0.43 Mil (TTM As of Feb. 2026)


SHCMF Search Minerals Inc SHCMF
31 GF Score
Price $0.17
! 3 Warning Signs
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What is Search Minerals Interest Expense?

Search Minerals SHCMF 31 Interest Expense is $-0.43 Mil as of Feb. 2026. GuruFocus rates SHCMF with a GF Score™ of 31/100. The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Search Minerals's interest expense for the three months ended in Feb. 2026 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.43 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. Search Minerals's Operating Income for the three months ended in Feb. 2026 was $ -0.16 Mil. Search Minerals's Interest Expense for the three months ended in Feb. 2026 was $ -0.11 Mil. Search Minerals 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.


Search Minerals  (OTCPK:SHCMF) 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.

Search Minerals's Interest Expense for the three months ended in Feb. 2026 was $-0.11 Mil. Its Operating Income for the three months ended in Feb. 2026 was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was $0.38 Mil.

Search Minerals's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Search Minerals 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.


Search Minerals Interest Expense Historical Data

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The historical data trend for Search Minerals'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.

Search Minerals Interest Expense Chart

Search Minerals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 0.00 0.00 -0.02 -0.34

Search Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.06 -0.08 -0.08 -0.17 -0.11
SHCMF
31GF Score
Search Minerals Inc SHCMF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Search Minerals 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.43 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.43 Mil mean?
Search Minerals (SHCMF) has a Interest Expense of $-0.43 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Search Minerals and its competitors.
Is Search Minerals' Interest Expense too high?
Search Minerals' current Interest Expense is $-0.43 Mil. Overall, Search Minerals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Search Minerals' Interest Expense compare to competitors?
Search Minerals' Interest Expense of $-0.43 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Interest Expense depends on the Metals & Mining 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 Search Minerals and its competitors. Search Minerals's current Interest Expense is $-0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Search Minerals stock overvalued right now?
Search Minerals (SHCMF) has a current Interest Expense of $-0.43 Mil. The current Interest Expense is $-0.43 Mil. Search Minerals' overall GF Score™ is 31/100 with 3 warning signs to review. 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 Search Minerals (SHCMF), the current Interest Expense is $-0.43 Mil as of Feb. 2026. 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.

Search Minerals Business Description

Other Exchanges SMY:Canada
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Search Minerals Inc is engaged in the business of mineral exploration. Its primary activities include acquiring, exploring, and evaluating mineral resource properties in Canada. The company holds an interest in the Red Wine property, Quinlan, B&A Claims, CREE District, Mann, and the Two Tom properties claims.
31GF 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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