Legacy Gold Mines (TSXV:LEGY) Interest Expense : C$0.00 Mil (TTM As of Dec. 2024)

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What is Legacy Gold Mines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Legacy Gold Mines's interest expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Legacy Gold Mines's Operating Income for the three months ended in Dec. 2024 was C$ -0.51 Mil. Legacy Gold Mines's Interest Expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Legacy Gold Mines 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.

Legacy Gold Mines Interest Expense Historical Data

The historical data trend for Legacy Gold Mines'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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Legacy Gold Mines Interest Expense Chart

Legacy Gold Mines Annual Data

Trend

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Dec24

Interest Expense

Legacy Gold Mines Quarterly Data
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Legacy Gold Mines 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Legacy Gold Mines (TSXV:LEGY) 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.

Legacy Gold Mines's Interest Expense for the three months ended in Dec. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$0.00 Mil.

Legacy Gold Mines's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Legacy Gold Mines had no long-term debt ⁽¹⁾.

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

Good Sign:

Legacy Gold Mines Ltd has no debt.

Legacy Gold Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Legacy Gold Mines Ltd (TSXV:LEGY) » Definitions » Interest Expense

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Address

421 7th Avenue SW, 30th Floor, Calgary, AB, CAN, T2P 4K9

Website

https://www.legacygoldmines.com

Legacy Gold Mines Ltd is an exploration company. Its property includes Baner Gold project located in Idaho County, Idaho, USA.

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