SILS (Silver Scott Mines) Interest Expense: $ Mil (TTM As of Dec. 2024)


What is Silver Scott Mines Interest Expense?

Silver Scott Mines SILS -10.85% Interest Expense is $ Mil as of Dec. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silver Scott Mines's interest expense for the six months ended in Dec. 2024 was $ -0.00 Mil. Silver Scott Mines does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2024.

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. Silver Scott Mines's Operating Income for the six months ended in Dec. 2024 was $ -0.05 Mil. Silver Scott Mines's Interest Expense for the six months ended in Dec. 2024 was $ -0.00 Mil. Silver Scott Mines 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.

Silver Scott Mines  (OTCPK:SILS) 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.

Silver Scott Mines's Interest Expense for the six months ended in Dec. 2024 was $-0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $0.00 Mil.

Silver Scott Mines's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Silver Scott Mines 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.

Silver Scott Mines Interest Expense Historical Data

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The historical data trend for Silver Scott Mines'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.

Silver Scott Mines Interest Expense Chart

Silver Scott Mines Annual Data
Trend Dec23 Dec24
Interest Expense
-0.00 -0.00

Silver Scott Mines Semi-Annual Data
Dec23 Dec24
Interest Expense -0.00 -0.00

Silver Scott Mines Interest Expense Calculation

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

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Silver Scott Mines (SILS) has a Interest Expense of $ Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Silver Scott Mines and its competitors.
Is Silver Scott Mines' Interest Expense too high?
Silver Scott Mines' current Interest Expense is $ Mil.
How does Silver Scott Mines' Interest Expense compare to NMEX and GLNS?
Silver Scott Mines' Interest Expense of $ 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 Silver Scott Mines and its competitors. Silver Scott Mines's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silver Scott Mines stock overvalued right now?
Silver Scott Mines (SILS) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. 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 Silver Scott Mines (SILS), the current Interest Expense is $ Mil as of Dec. 2024. 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.

Silver Scott Mines Business Description

Address 4160 N Highway A1A, Unit 701A, Hutchinson Island, FL, USA, 34949
Silver Scott Mines Inc is a holding company currently owning assets in the digital currency, DeFi, and crypto trading spaces. The company has recently shifted its focus to maximizing the value of its assets and evaluating new business opportunities, including potential acquisitions or business combinations with one or more businesses.