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Gold Terra Resource (TSXV:YGT) Interest Expense : C$0.00 Mil (TTM As of Jun. 2024)


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What is Gold Terra Resource Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Terra Resource's interest expense for the three months ended in Jun. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Gold Terra Resource's Operating Income for the three months ended in Jun. 2024 was C$ -0.58 Mil. Gold Terra Resource's Interest Expense for the three months ended in Jun. 2024 was C$ 0.00 Mil. Gold Terra Resource 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.


Gold Terra Resource Interest Expense Historical Data

The historical data trend for Gold Terra Resource'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.

* Premium members only.

Gold Terra Resource Interest Expense Chart

Gold Terra Resource Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 - - -

Gold Terra Resource Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Gold Terra Resource 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* 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.


Gold Terra Resource  (TSXV:YGT) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gold Terra Resource's Interest Expense for the three months ended in Jun. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$0.00 Mil.

Gold Terra Resource's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Gold Terra Resource had no long-term debt (1).

* 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.

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

Good Sign:

Gold Terra Resource Corp has no debt.


Gold Terra Resource Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Gold Terra Resource Corp is primarily engaged in the acquisition, exploration and development of mineral properties. Its main focus is on the Yellowknife City Gold Project. Other projects of the company include the Stewart property and the Mulligan property.
Executives
Gerald Panneton Senior Officer

Gold Terra Resource Headlines

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