Silver North Resources (TSXV:SNAG) Interest Expense : C$0.00 Mil (TTM As of Mar. 2023)

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What is Silver North Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silver North Resources's interest expense for the three months ended in Mar. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 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. Silver North Resources's Operating Income for the three months ended in Mar. 2023 was C$ -0.16 Mil. Silver North Resources's Interest Expense for the three months ended in Mar. 2023 was C$ 0.00 Mil. Silver North 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.

Silver North Resources Interest Expense Historical Data

The historical data trend for Silver North 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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Silver North Resources Interest Expense Chart

Silver North Resources Annual Data

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Interest Expense

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Silver North Resources Quarterly Data
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Silver North 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Silver North Resources (TSXV:SNAG) 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.

Silver North Resources's Interest Expense for the three months ended in Mar. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2023 was C$-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was C$0.00 Mil.

Silver North Resources's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Silver North Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Silver North Resources Ltd has no debt.

Silver North Resources (TSXV:SNAG) Business Description

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TARSF:USA

Address

325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.alianzaminerals.com

Silver North Resources Ltd has made new silver discoveries in the Keno Hill Silver District of the Yukon at its Haldane Project, where high-grade silver has been identified in drilling at three target areas. The Company also holds the Tim silver property in southern Yukon, where partner-funded exploration has identified high-grade silver mineralization just 19 km from the Silvertip mine. Silver is a critical component in today's economy due to its myriad of industrial uses. This is only expected to continue, driving long-term growth and the demand for silver. Silver North is ideally positioned to further prove out and expand upon its discoveries, at the stage of the mining development curve traditionally associated with the value increases for shareholders.

Executives

Mark Thomas Brown

Director

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