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Snowline Gold (TSXV:SGD) Interest Expense : C$-0.06 Mil (TTM As of Sep. 2024)


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What is Snowline Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Snowline Gold's interest expense for the three months ended in Sep. 2024 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.06 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. Snowline Gold's Operating Income for the three months ended in Sep. 2024 was C$ -22.22 Mil. Snowline Gold's Interest Expense for the three months ended in Sep. 2024 was C$ -0.02 Mil. Snowline Gold 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.


Snowline Gold Interest Expense Historical Data

The historical data trend for Snowline 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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Snowline Gold Interest Expense Chart

Snowline Gold Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - -0.05 -0.10 -0.08

Snowline Gold Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.02 -0.01 -0.02 -0.01 -0.02

Snowline 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$-0.06 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.


Snowline Gold  (TSXV:SGD) 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.

Snowline Gold's Interest Expense for the three months ended in Sep. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-22.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.02 Mil.

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

Snowline Gold did not have earnings to cover the interest expense.

* 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.


Snowline Gold Business Description

Traded in Other Exchanges
Address
No.1012 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross' Fort Knox to Goldcorp's Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.
Executives
Calum Macleod Morrison Director
Matthew Frederick Roma Senior Officer
Sarah Kathleen Weber Director
Axel Gunther Ruediger Roehlig Director
Sukvinder Sokhie Puar Director