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Onyx Gold (TSXV:ONYX) Interest Expense : C$ Mil (TTM As of Sep. 2023)


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What is Onyx Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Onyx Gold's interest expense for the six months ended in Sep. 2023 was C$ 0.00 Mil. Onyx Gold does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. Onyx Gold's Operating Income for the six months ended in Sep. 2023 was C$ -1.00 Mil. Onyx Gold's Interest Expense for the six months ended in Sep. 2023 was C$ 0.00 Mil. Onyx 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.

Onyx Gold Interest Expense Historical Data

The historical data trend for Onyx 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.

* Premium members only.

Onyx Gold Interest Expense Chart

Onyx Gold Annual Data
Trend
Interest Expense

Onyx Gold Semi-Annual Data
Sep23
Interest Expense -

Onyx Gold Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Onyx Gold  (TSXV:ONYX) 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.

Onyx Gold's Interest Expense for the six months ended in Sep. 2023 was C$0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was C$-1.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was C$0.00 Mil.

Onyx Gold's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Onyx 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:

Onyx Gold corp has no debt.

Onyx Gold (TSXV:ONYX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Onyx Gold corp (TSXV:ONYX) » Definitions » Interest Expense
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Traded in Other Exchanges
ONXGF:USA
Address
375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
Website
https://www.onyxgold.com
Onyx Gold corp is an exploration company focused on Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The company's portfolio of gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, for its mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South.
Executives
Brock Macaulay Colterjohn Director, Senior Officer
Nicole Raymonde Hoeller Senior Officer
Darwin Green Director, Senior Officer