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TROYF (Troy Minerals) Interest Expense : $-0.00 Mil (TTM As of Aug. 2024)


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What is Troy Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Troy Minerals's interest expense for the three months ended in Aug. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 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. Troy Minerals's Operating Income for the three months ended in Aug. 2024 was $ -0.24 Mil. Troy Minerals's Interest Expense for the three months ended in Aug. 2024 was $ 0.00 Mil. Troy 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.


Troy Minerals Interest Expense Historical Data

The historical data trend for Troy 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.

Troy Minerals Interest Expense Chart

Troy Minerals Annual Data
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Interest Expense
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Troy 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 - - - - -

Troy 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 Aug. 2024 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.


Troy Minerals  (OTCPK:TROYF) 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.

Troy Minerals's Interest Expense for the three months ended in Aug. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Aug. 2024 was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was $0.00 Mil.

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

Troy 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.


Troy Minerals Business Description

Traded in Other Exchanges
Address
c/o 750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Troy Minerals Inc is a mining exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties located in British Columbia, Canada. The company holds interest in the Green Gold Property located near Prince George, British Columbia. The projects of the company include Table Mountain, Tsagaan Zalaa, Lake Owen, and others.