Goldrea Resources (XCNQ:GOR) Interest Expense : C$-0.02 Mil (TTM As of Jan. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Goldrea Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goldrea Resources's interest expense for the three months ended in Jan. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.02 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. Goldrea Resources's Operating Income for the three months ended in Jan. 2024 was C$ -0.05 Mil. Goldrea Resources's Interest Expense for the three months ended in Jan. 2024 was C$ -0.00 Mil. Goldrea Resources did not have earnings to cover the interest expense. 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.

Goldrea Resources Interest Expense Historical Data

The historical data trend for Goldrea 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.

* Premium members only.

Goldrea Resources Interest Expense Chart

Goldrea Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

Get a 7-Day Free Trial

-0.01

-0.02

Goldrea Resources 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															-	-	-0.01	-	-

Goldrea 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

Goldrea Resources (XCNQ:GOR) 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.

Goldrea Resources's Interest Expense for the three months ended in Jan. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

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

Goldrea Resources did not have earnings to cover the interest expense.

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

Goldrea Resources (XCNQ:GOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldrea Resources Corp (XCNQ:GOR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GORAF:USA GOJ1:Germany

Address

889 West Pender Street, Suite 606, Vancouver, BC, CAN, V6C 3B2

Website

https://www.goldrea.com

Goldrea Resources Corp is engaged in the business of exploration and development of mineral properties. The mineral properties of the company are located in geographic regions of Canada, the USA, and Peru. The properties of the group located in Canada are Cannonball property, Link property.

Executives

David Tingey	Director
Allan Eratie	Director

Goldrea Resources (XCNQ:GOR) Headlines

No Headlines