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SHMIF (Showcase Minerals) Interest Expense : $0.00 Mil (TTM As of Jan. 2025)


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What is Showcase Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Showcase Minerals's interest expense for the three months ended in Jan. 2025 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 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. Showcase Minerals's Operating Income for the three months ended in Jan. 2025 was $ -0.01 Mil. Showcase Minerals's Interest Expense for the three months ended in Jan. 2025 was $ 0.00 Mil. Showcase Minerals 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.


Showcase Minerals Interest Expense Historical Data

The historical data trend for Showcase 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.

* Premium members only.

Showcase Minerals Interest Expense Chart

Showcase Minerals Annual Data
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Showcase Minerals Quarterly Data
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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 - - - - -

Showcase 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Showcase Minerals  (OTCPK:SHMIF) 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.

Showcase Minerals's Interest Expense for the three months ended in Jan. 2025 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2025 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was $0.00 Mil.

Showcase Minerals's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Showcase Minerals 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Showcase Minerals Inc has enough cash to cover all of its debt. Its financial situation is stable.


Showcase Minerals Business Description

Traded in Other Exchanges
Address
741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4
Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, 'the Properties'), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.

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