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Helius Minerals (TSXV:HHH) Interest Expense : C$0.00 Mil (TTM As of Jun. 2024)


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What is Helius Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Helius Minerals's interest expense for the three months ended in Jun. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Helius Minerals's Operating Income for the three months ended in Jun. 2024 was C$ -0.10 Mil. Helius Minerals's Interest Expense for the three months ended in Jun. 2024 was C$ 0.00 Mil. Helius 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.


Helius Minerals Interest Expense Historical Data

The historical data trend for Helius 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.

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Helius Minerals Interest Expense Chart

Helius Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Helius Minerals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Helius 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 Jun. 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.


Helius Minerals  (TSXV:HHH) 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.

Helius Minerals's Interest Expense for the three months ended in Jun. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$0.00 Mil.

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

Helius 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.

Good Sign:

Helius Minerals Ltd has no debt.


Helius Minerals Business Description

Traded in Other Exchanges
N/A
Address
400 – 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Helius Minerals Ltd is a Canada-based exploration company. It is engaged in the business of acquisition and exploration of exploration and evaluation assets in the United States. Some of the company's projects are Venus, Montelle, and Yellow cone. The Venus Copper project is located within the Yerington copper porphyry district in the Walker Lane mineralized belt in Nevada and it consists of 111 unpatented mining claims covering approximately 2,165 acres. The Montelle project lies 28 km west-northwest of Hawthorne, Nevada and is 35 km south-southeast of majority of the copper and copper-gold projects in the Yerington mining district and covers approximately 1,220 acres.