Tajiri Resources (TSXV:TAJ) Interest Expense : C$0.00 Mil (TTM As of Jan. 2024)

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What is Tajiri Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tajiri Resources'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. Tajiri Resources's Operating Income for the three months ended in Jan. 2024 was C$ -0.08 Mil. Tajiri Resources's Interest Expense for the three months ended in Jan. 2024 was C$ 0.00 Mil. Tajiri 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.

Tajiri Resources Interest Expense Historical Data

The historical data trend for Tajiri 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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Tajiri Resources Interest Expense Chart

Tajiri Resources Annual Data

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Interest Expense

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

Tajiri Resources (TSXV:TAJ) 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.

Tajiri Resources's Interest Expense for the three months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

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

Tajiri Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Tajiri Resources Corp has no debt.

Tajiri Resources (TSXV:TAJ) Business Description

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TAJIF:USA

Address

12th Street, No. 3a 709, New Westminster, BC, CAN, V3M 4J7

Website

https://www.tajirigold.com

Tajiri Resources Corp is a Canada based company engaged in the acquisition and exploration of mineral properties. The company operates in Guyana, South America, and Burkina Faso, West Africa. Its projects also include the Reo Gold Project located in Burkina Faso.

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