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Metalero Mining (TSXV:MLO) Interest Expense : C$-0.03 Mil (TTM As of Jul. 2024)


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What is Metalero Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metalero Mining's interest expense for the three months ended in Jul. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was C$-0.03 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. Metalero Mining's Operating Income for the three months ended in Jul. 2024 was C$ -0.18 Mil. Metalero Mining's Interest Expense for the three months ended in Jul. 2024 was C$ -0.01 Mil. Metalero Mining 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.


Metalero Mining Interest Expense Historical Data

The historical data trend for Metalero Mining'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.

* Premium members only.

Metalero Mining Interest Expense Chart

Metalero Mining Annual Data
Trend Dec18 Dec19 Oct21 Oct22 Oct23
Interest Expense
- - - - -0.01

Metalero Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 - - -0.01

Metalero Mining 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 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.


Metalero Mining  (TSXV:MLO) 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.

Metalero Mining's Interest Expense for the three months ended in Jul. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Jul. 2024 was C$-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was C$0.05 Mil.

Metalero Mining's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Metalero Mining did not have earnings to cover the interest expense.

* 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.


Metalero Mining Business Description

Traded in Other Exchanges
N/A
Address
10545 - 45 Avenue NW, 250 Southridge, Suite 300, Edmonton, AB, CAN, T6H 4M9
Metalero Mining Corp is a Canadian-based junior exploration company and part of the Metals Group of companies with offices in Vancouver and Edmonton. Metalero is undergoing a restructuring which includes a new project focus and management change making its drill-ready gold assets in Nevada available for sale or option.

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