Golden Lake Exploration (XCNQ:GLM) Interest Expense : C$0.00 Mil (TTM As of Nov. 2024)

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What is Golden Lake Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Golden Lake Exploration's interest expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 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. Golden Lake Exploration's Operating Income for the three months ended in Nov. 2024 was C$ -0.23 Mil. Golden Lake Exploration's Interest Expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Golden Lake 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.

Golden Lake Exploration Interest Expense Historical Data

The historical data trend for Golden Lake 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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Golden Lake Exploration Interest Expense Chart

Golden Lake Exploration Annual Data

Trend

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Interest Expense

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Golden Lake Exploration Quarterly Data
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Golden Lake 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Golden Lake Exploration (XCNQ:GLM) 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.

Golden Lake Exploration's Interest Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was C$-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was C$0.00 Mil.

Golden Lake Exploration's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Golden Lake Exploration had no long-term debt ⁽¹⁾.

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

Good Sign:

Golden Lake Exploration Inc has no debt.

Golden Lake Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Lake Exploration Inc (XCNQ:GLM) » Definitions » Interest Expense

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GOLXF:USA

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.goldenlakex.com

Golden Lake Exploration Inc is a Canada-based company engaged in the acquisition and exploration of mineral property assets. It holds interests in the projects of Jewel Ridge Project, Copperview Project, Conglin Creek Copper Project, Full Monty Property, Deadman Lake, and South Dill Project.

Executives

Michael Bruno John Franz England	Director, Senior Officer
Twila Jensen	Director
Giulio Bonifacio	Director
George Peter Mah	Director
Ryan Kalt	10% Security Holder

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