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Signature Resources (TSXV:SGU) Interest Expense : C$0.00 Mil (TTM As of Apr. 2024)


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What is Signature Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signature Resources's interest expense for the three months ended in Apr. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 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. Signature Resources's Operating Income for the three months ended in Apr. 2024 was C$ -0.31 Mil. Signature Resources's Interest Expense for the three months ended in Apr. 2024 was C$ 0.00 Mil. Signature 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.


Signature Resources Interest Expense Historical Data

The historical data trend for Signature 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.

* Premium members only.

Signature Resources Interest Expense Chart

Signature Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 - - -

Signature Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - - -

Signature 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 Apr. 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.


Signature Resources  (TSXV:SGU) 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.

Signature Resources's Interest Expense for the three months ended in Apr. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Apr. 2024 was C$-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was C$0.00 Mil.

Signature Resources's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Signature Resources 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:

Signature Resources Ltd has no debt.


Signature Resources Business Description

Traded in Other Exchanges
Address
401 Bay Street, Box 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Signature Resources Ltd is a Canadian based advanced stage exploration company focused on expanding the 100% owned Lingman Lake Gold zone, located within the prolific Red Lake district in Northwestern Ontario, Canada. The project has a 234,000 ounce historical high-grade gold resource estimate that is contained within the first 180 meters of surface and open in all directions. The company is focused on rapidly expanding the known mineralized envelope with its 100% owned diamond drill rig and aims to publish a maiden NI 43-101 compliant resource in 2022.
Executives
Robert Vallis Director, Senior Officer