Walker River Resources (Walker River Resources) Interest Expense : $0.00 Mil (TTM As of Feb. 2024)

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What is Walker River Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Walker River Resources's interest expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. Walker River Resources's Operating Income for the three months ended in Feb. 2024 was $ -0.13 Mil. Walker River Resources's Interest Expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Walker River 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.

Walker River Resources Interest Expense Historical Data

The historical data trend for Walker River 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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Walker River Resources Interest Expense Chart

Walker River Resources Annual Data

Trend

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Interest Expense

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-0.02

-0.01

Walker River Resources Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

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

Walker River Resources (OTCPK:WRRZF) 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.

Walker River Resources's Interest Expense for the three months ended in Feb. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.00 Mil.

Walker River Resources's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Walker River Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Walker River Resources Corp has no debt.

Walker River Resources (Walker River Resources) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Walker River Resources Corp (OTCPK:WRRZF) » Definitions » Interest Expense

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1WV0:Germany WRR:Canada

Address

1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://www.wrrgold.com

Walker River Resources Corp is engaged in the process of identification, evaluation, exploration, and acquisition of mineral properties. Its projects include the Lapon Canyon Gold project in Nevada.

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