NeXGold Mining (TSXV:NEXG) Interest Expense : C$-1.48 Mil (TTM As of Dec. 2024)

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What is NeXGold Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NeXGold Mining's interest expense for the three months ended in Dec. 2024 was C$ -0.46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-1.48 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. NeXGold Mining's Operating Income for the three months ended in Dec. 2024 was C$ -8.03 Mil. NeXGold Mining's Interest Expense for the three months ended in Dec. 2024 was C$ -0.46 Mil. NeXGold 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.

NeXGold Mining Interest Expense Historical Data

The historical data trend for NeXGold 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.

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NeXGold Mining Interest Expense Chart

NeXGold Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.87

-0.79

-1.43

-1.38

-1.48

NeXGold Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.37	-0.33	-0.35	-0.34	-0.46

NeXGold 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.48 Mil.

NeXGold Mining (TSXV:NEXG) 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.

NeXGold Mining's Interest Expense for the three months ended in Dec. 2024 was C$-0.46 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-8.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$23.92 Mil.

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

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

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

NeXGold Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NeXGold Mining Corp (TSXV:NEXG) » Definitions » Interest Expense

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NXGCF:USA TRC:Germany TRC:Germany

Address

15 Toronto Street, Suite 401, Toronto, ON, CAN, M5C 2E3

Website

https://www.nexgold.com

NeXGold Mining Corp is an exploration-stage company. The company is engaged in the exploration and evaluation of mineral resources. The company's project includes the Goliath Gold Project, Goldlund Gold Project, Miller Gold Project located in Northwestern Ontario.

Executives

Michele Ashby	Director
Orin Michael Baranowsky	Senior Officer
James Kitchener Gowans	Director
Christophe Vereecke	Director
David Edward Whittle	Director
William J. Fisher	Director
Marc Charles Henderson	Director
Greg Ferron	Senior Officer
Dennis George Gibson	Senior Officer

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