Granite Creek Copper (TSXV:GCX) Interest Expense : C$-0.09 Mil (TTM As of Feb. 2024)

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What is Granite Creek Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Granite Creek Copper's interest expense for the three months ended in Feb. 2024 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.09 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. Granite Creek Copper's Operating Income for the three months ended in Feb. 2024 was C$ -0.18 Mil. Granite Creek Copper's Interest Expense for the three months ended in Feb. 2024 was C$ -0.02 Mil. Granite Creek Copper 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.

Granite Creek Copper Interest Expense Historical Data

The historical data trend for Granite Creek Copper'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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Granite Creek Copper Interest Expense Chart

Granite Creek Copper Annual Data

Trend

Jul13

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Jul18

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May21

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May23

Interest Expense

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-0.01

-0.04

-0.08

Granite Creek Copper Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.02	-0.02	-0.02

Granite Creek Copper 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.09 Mil.

Granite Creek Copper (TSXV:GCX) 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.

Granite Creek Copper's Interest Expense for the three months ended in Feb. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

Granite Creek Copper's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Granite Creek Copper did not have earnings to cover the interest expense.

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

Granite Creek Copper (TSXV:GCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Granite Creek Copper Ltd (TSXV:GCX) » Definitions » Interest Expense

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GCXXF:USA GRK:Germany

Address

409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2

Website

https://www.gcxcopper.com

Granite Creek Copper Ltd is a Vancouver-based, public exploration company. It is in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, to establish a mineable mineral resource. The company primarily explores gold and other mineral deposits. Granite Creek holds an interest in the Stu Copper-Gold Project located in the Minto Copper District of Canada's Yukon Territory.

Executives

Robert Sennott

Director

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