Jaeger Resources (TSXV:JAEG.H) Interest Expense : C$0.00 Mil (TTM As of Aug. 2024)

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What is Jaeger Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jaeger Resources's interest expense for the three months ended in Aug. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 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. Jaeger Resources's Operating Income for the three months ended in Aug. 2024 was C$ -0.17 Mil. Jaeger Resources's Interest Expense for the three months ended in Aug. 2024 was C$ 0.00 Mil. Jaeger 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.

Jaeger Resources Interest Expense Historical Data

The historical data trend for Jaeger 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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Jaeger Resources Interest Expense Chart

Jaeger Resources Annual Data

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Interest Expense

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Jaeger Resources Quarterly Data
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Jaeger 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Jaeger Resources (TSXV:JAEG.H) 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.

Jaeger Resources's Interest Expense for the three months ended in Aug. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Aug. 2024 was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was C$0.00 Mil.

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

Jaeger Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Jaeger Resources Corp has no debt.

Jaeger Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jaeger Resources Corp (TSXV:JAEG.H) » Definitions » Interest Expense

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BDRGF:USA

Address

9320-49th Street, Edmonton, AB, CAN, T6B 2L7

Website

http://www.jaegerresources.com

Jaeger Resources Corp is an exploration stage company. It is principally engaged in the acquisition and exploration of mineral properties. The company owns an interest in Taylor Brook Property which includes lead, zinc, and copper among other mineral deposits located in the Bathurst Mining Camp, New Brunswick.

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