Western Metallica Resources (TSXV:WMS) Interest Expense : C$0.00 Mil (TTM As of Mar. 2022)

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What is Western Metallica Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Metallica Resources's interest expense for the three months ended in Mar. 2022 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 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. Western Metallica Resources's Operating Income for the three months ended in Mar. 2022 was C$ -0.78 Mil. Western Metallica Resources's Interest Expense for the three months ended in Mar. 2022 was C$ 0.00 Mil. Western Metallica 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.

Western Metallica Resources Interest Expense Historical Data

The historical data trend for Western Metallica 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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Western Metallica Resources Interest Expense Chart

Western Metallica Resources Annual Data

Trend

Dec19

Dec20

Dec21

Interest Expense

Western Metallica Resources Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22
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Western Metallica 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Western Metallica Resources (TSXV:WMS) 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.

Western Metallica Resources's Interest Expense for the three months ended in Mar. 2022 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2022 was C$-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was C$0.00 Mil.

Western Metallica Resources's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Western Metallica Resources had no long-term debt ⁽¹⁾.

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

Western Metallica Resources (TSXV:WMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Metallica Resources Corp (TSXV:WMS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

93 Ridley Boulevard, Toronto, ON, CAN, M5M 3L6

Website

https://www.westernmetallicacorp.com

Western Metallica Resources Corp is engaged in the acquisition, exploration, and development of mineral properties in Spain. The company's projects include Penedela, Valledor and Sierra Alta, and Nueva Celti.

Executives

Peter Marcel Imhof

Director, Senior Officer