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Norrland Gold (TSXV:NORR) Interest Expense : C$0.00 Mil (TTM As of Sep. 2024)


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What is Norrland Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norrland Gold's interest expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Norrland Gold's Operating Income for the three months ended in Sep. 2024 was C$ -0.06 Mil. Norrland Gold's Interest Expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. Norrland Gold 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.


Norrland Gold Interest Expense Historical Data

The historical data trend for Norrland Gold'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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Norrland Gold Interest Expense Chart

Norrland Gold Annual Data
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Norrland Gold Quarterly Data
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Norrland Gold 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 Sep. 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.


Norrland Gold  (TSXV:NORR) 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.

Norrland Gold's Interest Expense for the three months ended in Sep. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.00 Mil.

Norrland Gold's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Norrland Gold 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:

Norrland Gold Corp has no debt.


Norrland Gold Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 2050, P.O. Box 11121, Vancouver, BC, CAN, V6E 3P3
Norrland Gold Corp is a precious metals exploration company that is focused on gold discovery in mineral-rich Sweden. It owns the Vittantrasket located in the Gold-line, a region of orogenic gold deposits such as Barsele and Svartliden. The Company's exploration and evaluation assets are in Sweden and the Company has interests in an Australian company.

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