SKRR Exploration (TSXV:SKRR) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)

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What is SKRR Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SKRR Exploration's interest expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. SKRR Exploration's Operating Income for the three months ended in Jan. 2024 was C$ -0.16 Mil. SKRR Exploration's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. SKRR Exploration 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.

SKRR Exploration Interest Expense Historical Data

The historical data trend for SKRR Exploration'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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SKRR Exploration Interest Expense Chart

SKRR Exploration Annual Data

Trend

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Interest Expense

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-0.01

SKRR Exploration Quarterly Data
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SKRR Exploration 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

SKRR Exploration (TSXV:SKRR) 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.

SKRR Exploration's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

SKRR Exploration's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

SKRR Exploration had no long-term debt ⁽¹⁾.

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

Good Sign:

SKRR Exploration Inc has no debt.

SKRR Exploration (TSXV:SKRR) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SKRR Exploration Inc (TSXV:SKRR) » Definitions » Interest Expense

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SKKRF:USA B040:Germany

Address

228 - 1122 Mainland Street, Vancouver, BC, CAN, V6B 5L1

Website

https://www.skrr.ca

SKRR Exploration Inc is a precious metal explorer with properties in Saskatchewan. The primary exploration focus is on the Trans-Hudson Corridor in search of precious metal deposits. The company's project portfolio consists of the Irving /Leland Project, Ithingo Lake Property, Manson Bay Property, Cathro Gold Property, and Olson Gold Property.

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