Euromax Resources (TSXV:EOX) Interest Expense : C$-3.31 Mil (TTM As of Mar. 2024)

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What is Euromax Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euromax Resources's interest expense for the three months ended in Mar. 2024 was C$ -0.84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-3.31 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. Euromax Resources's Operating Income for the three months ended in Mar. 2024 was C$ -0.06 Mil. Euromax Resources's Interest Expense for the three months ended in Mar. 2024 was C$ -0.84 Mil. Euromax Resources 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.

Euromax Resources Interest Expense Historical Data

The historical data trend for Euromax 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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Euromax Resources Interest Expense Chart

Euromax Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.57

-2.49

-2.76

-3.05

-3.26

Euromax Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.79	-0.82	-0.83	-0.83	-0.84

Euromax 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.31 Mil.

Euromax Resources (TSXV:EOX) 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.

Euromax Resources's Interest Expense for the three months ended in Mar. 2024 was C$-0.84 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.08 Mil.

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

Euromax Resources did not have earnings to cover the interest expense.

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

Euromax Resources (TSXV:EOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euromax Resources Ltd (TSXV:EOX) » Definitions » Interest Expense

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EOXFF:USA

Address

Boulevard Partizanski Odredi No. 14, 1/2-3 Skopje, Skopje, MKD, 1000

Website

https://www.euromaxresources.com

Euromax Resources Ltd is a Canadian-based firm focused on developing the Ilovica-Shtuka copper and gold project in Macedonia, the mining project in the country and the greenfield development in the Balkans for many years. The group operates in one sector in the mining industry, i.e. the exploration and development of mineral rights interests.

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