SICNF (Sokoman Minerals) Interest Expense : $0.00 Mil (TTM As of Dec. 2024)

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What is Sokoman Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sokoman Minerals'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. Sokoman Minerals's Operating Income for the three months ended in Dec. 2024 was $ -1.01 Mil. Sokoman Minerals's Interest Expense for the three months ended in Dec. 2024 was $ 0.00 Mil. Sokoman 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.

Sokoman Minerals Interest Expense Historical Data

The historical data trend for Sokoman 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.

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Sokoman Minerals Interest Expense Chart

Sokoman Minerals Annual Data

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Interest Expense

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

Sokoman Minerals (OTCPK:SICNF) 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.

Sokoman Minerals'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 $-1.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.00 Mil.

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

Sokoman Minerals had no long-term debt ⁽¹⁾.

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

Good Sign:

Sokoman Minerals Corp has no debt.

Sokoman Minerals Business Description

Industry

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3PJ1:Germany SIC:Canada

Address

82 Richmond Street East, 1st Floor, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

https://www.sokomanmineralscorp.com

Sokoman Minerals Corp is a discovery-oriented company and the landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's focus is its portfolio of gold projects; it owns its flagship, Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. Its other projects are Grey River Gold, Killick Lithium Project, Kepenkeck Gold, Crippleback Lake Gold, East Alder Gold, Startrek Project, and Iron Horse Project.