Wealth Minerals (TSXV:WML) Interest Expense : C$0.00 Mil (TTM As of Feb. 2025)

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What is Wealth Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wealth Minerals's interest expense for the three months ended in Feb. 2025 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2025 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. Wealth Minerals's Operating Income for the three months ended in Feb. 2025 was C$ -0.92 Mil. Wealth Minerals's Interest Expense for the three months ended in Feb. 2025 was C$ 0.00 Mil. Wealth Minerals 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.

Wealth Minerals Interest Expense Historical Data

The historical data trend for Wealth Minerals'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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Wealth Minerals Interest Expense Chart

Wealth Minerals Annual Data

Trend

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Nov24

Interest Expense

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-0.53

-0.19

-0.02

Wealth Minerals Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Wealth Minerals 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Wealth Minerals (TSXV:WML) 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.

Wealth Minerals's Interest Expense for the three months ended in Feb. 2025 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2025 was C$-0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2025 was C$0.00 Mil.

Wealth Minerals's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Wealth Minerals had no long-term debt ⁽¹⁾.

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

Good Sign:

Wealth Minerals Ltd has no debt.

Wealth Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wealth Minerals Ltd (TSXV:WML) » Definitions » Interest Expense

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WMLLF:USA EJZN:Germany

Address

200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6

Website

https://www.wealthminerals.com

Wealth Minerals Ltd is an exploration-stage mineral resources company. It is engaged in the exploration for minerals and the development of exploration and evaluation assets, predominantly in Chile, Canada, Peru, and Mexico. Its project portfolio comprises the Yapuckuta Project, the Kuska Salar Project, and the Pabellon Project in Chile, and the Ignace-Ree project in Ontario, Canada.

Executives

Hendrik Van Alphen	Director
David Lies	Director
Gordon Neal	Director
Sead Hamzagic	Senior Officer
Stefan Schauss	Director

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