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Uranium Royalty (Uranium Royalty) Interest Expense : $-0.27 Mil (TTM As of Jan. 2024)


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What is Uranium Royalty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Uranium Royalty's interest expense for the three months ended in Jan. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.27 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. Uranium Royalty's Operating Income for the three months ended in Jan. 2024 was $ 3.28 Mil. Uranium Royalty's Interest Expense for the three months ended in Jan. 2024 was $ -0.00 Mil. Uranium Royalty's Interest Coverage for the quarter that ended in Jan. 2024 was 1,092.67. 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.


Uranium Royalty Interest Expense Historical Data

The historical data trend for Uranium Royalty'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.

Uranium Royalty Interest Expense Chart

Uranium Royalty Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Interest Expense
-2.75 -0.86 - -0.57 -1.21

Uranium Royalty Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.35 -0.26 - - -

Uranium Royalty 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 $-0.27 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.


Uranium Royalty  (NAS:UROY) 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.

Uranium Royalty's Interest Expense for the three months ended in Jan. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was $3.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.12 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*3.278/-0.003
=1,092.67

* 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.


Uranium Royalty (Uranium Royalty) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.