South Pacific Metals (TSXV:SPMC) Interest Expense : C$-0.05 Mil (TTM As of Dec. 2024)

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What is South Pacific Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South Pacific Metals's interest expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.05 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. South Pacific Metals's Operating Income for the three months ended in Dec. 2024 was C$ -0.43 Mil. South Pacific Metals's Interest Expense for the three months ended in Dec. 2024 was C$ 0.00 Mil. South Pacific Metals 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.

South Pacific Metals Interest Expense Historical Data

The historical data trend for South Pacific Metals'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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South Pacific Metals Interest Expense Chart

South Pacific Metals Annual Data

Trend

Nov20

Dec22

Dec23

Dec24

Interest Expense

-0.13

-0.05

South Pacific Metals Quarterly Data
	Feb20	Nov20	Feb21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial												-0.13	-0.05	-	-	-

South Pacific Metals 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.05 Mil.

South Pacific Metals (TSXV:SPMC) 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.

South Pacific Metals's Interest Expense for the three months ended in Dec. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$0.00 Mil.

South Pacific Metals's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

South Pacific Metals had no long-term debt ⁽¹⁾.

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

South Pacific Metals Business Description

Industry

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SPMEF:USA

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.southpacificmetals.ca

South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.