GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Outback Goldfields Corp (TSXV:OZ) » Definitions » Interest Expense

Outback Goldfields (TSXV:OZ) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Outback Goldfields Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Outback Goldfields's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Outback Goldfields's Operating Income for the three months ended in Mar. 2024 was C$ -0.19 Mil. Outback Goldfields's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Outback Goldfields 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.


Outback Goldfields Interest Expense Historical Data

The historical data trend for Outback Goldfields'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.

Outback Goldfields Interest Expense Chart

Outback Goldfields Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial - - - - -

Outback Goldfields Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Outback Goldfields 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 Mar. 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.


Outback Goldfields  (TSXV:OZ) 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.

Outback Goldfields's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Outback Goldfields's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Outback Goldfields 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:

Outback Goldfields Corp has no debt.


Outback Goldfields Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E3V7
Outback Goldfields Corp is an exploration mining company, holding a package of four prospective gold projects located proximate and adjacent to the Fosterville Gold Mine in Victoria, Australia. The company acquired certain gold projects located in Victoria, Australia including an exploration license for the Yeungroon Gold Project and a right, title, and interest in a mining joint venture agreement for the Glenfine Gold Project. In addition, three exploration license applications were acquired for the Silver Spoon Orogenic Gold Project.
Executives
Chris Donaldson Director, Senior Officer