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Bronco Resources (TSXV:BRON) Interest Expense : C$0.00 Mil (TTM As of Oct. 2024)


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What is Bronco Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bronco Resources's interest expense for the three months ended in Oct. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was C$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. Bronco Resources's Operating Income for the three months ended in Oct. 2024 was C$ -0.03 Mil. Bronco Resources's Interest Expense for the three months ended in Oct. 2024 was C$ 0.00 Mil. Bronco Resources 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.


Bronco Resources Interest Expense Historical Data

The historical data trend for Bronco Resources'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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Bronco Resources Interest Expense Chart

Bronco Resources Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Expense
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Bronco Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Bronco Resources 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


Bronco Resources  (TSXV:BRON) 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.

Bronco Resources's Interest Expense for the three months ended in Oct. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Oct. 2024 was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was C$0.00 Mil.

Bronco Resources's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Bronco Resources 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:

Bronco Resources Corp has no debt.


Bronco Resources Business Description

Traded in Other Exchanges
Address
301 1665 ELLIS STREET, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 2B3
Bronco Resources Corp formerly Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering 8,955 hectares located in south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

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