Pershimex Resources (TSXV:PRO) Interest Expense : C$-0.04 Mil (TTM As of Nov. 2022)

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What is Pershimex Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pershimex Resources's interest expense for the three months ended in Nov. 2022 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2022 was C$-0.04 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. Pershimex Resources's Operating Income for the three months ended in Nov. 2022 was C$ -0.07 Mil. Pershimex Resources's Interest Expense for the three months ended in Nov. 2022 was C$ 0.00 Mil. Pershimex Resources 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.

Pershimex Resources Interest Expense Historical Data

The historical data trend for Pershimex Resources'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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Pershimex Resources Interest Expense Chart

Pershimex Resources Annual Data

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Interest Expense

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Pershimex Resources Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.04	-

Pershimex Resources 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 Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Pershimex Resources (TSXV:PRO) 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.

Pershimex Resources's Interest Expense for the three months ended in Nov. 2022 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2022 was C$-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2022 was C$0.00 Mil.

Pershimex Resources's Interest Coverage for the quarter that ended in Nov. 2022 is calculated as

Pershimex Resources had no long-term debt ⁽¹⁾.

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

Pershimex Resources (TSXV:PRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pershimex Resources Corp (TSXV:PRO) » Definitions » Interest Expense

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Address

147 avenue Perrault, Val d'Or, QC, CAN, J9P 2G9

Website

https://www.pershimexressources.ca

Pershimex Resources Corp is a Canadian exploration company. It is engaged in the acquisition, assessment, exploration, and development of mineral properties. The projects of the company Malartic project, Belleterre property, Forsan property, Courville property and others. The company operates through a single segment which is the exploration and evaluation of mineral resources.

Executives