Western Exploration (Western Exploration) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is Western Exploration Interest Expense?

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

The historical data trend for Western Exploration'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 Exploration Interest Expense Chart

Western Exploration Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.02

Western Exploration Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-	-	-	-	-

Western Exploration 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Western Exploration (OTCPK:WEXPF) 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 Exploration's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Western Exploration's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Western Exploration had no long-term debt ⁽¹⁾.

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

Good Sign:

Western Exploration Inc has no debt.

Western Exploration (Western Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Exploration Inc (OTCPK:WEXPF) » Definitions » Interest Expense

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Traded in Other Exchanges

WEX:Canada

Address

121 Woodland Avenue, Suite 140, Reno, NV, USA, 89523

Website

https://www.westernexploration.com

Western Exploration Inc is a Nevada-focused precious metals exploration company, aiming to be a gold and silver development company in North America. Its principal asset is the Aura gold-silver project located in Elko County, Nevada.

Western Exploration (Western Exploration) Headlines

From GuruFocus

InvestmentPitch Media Video Discusses Western Exploration's Start of its 2022 Diamond Drill Program at its Aura Gold-Silver Project in Nevada

By PurpleRose PurpleRose • 07-27-2022