Gold Hunter Resources (XCNQ:HUNT) Interest Expense : C$-0.03 Mil (TTM As of May. 2024)

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What is Gold Hunter Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Hunter Resources's interest expense for the three months ended in May. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was C$-0.03 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. Gold Hunter Resources's Operating Income for the three months ended in May. 2024 was C$ -0.23 Mil. Gold Hunter Resources's Interest Expense for the three months ended in May. 2024 was C$ 0.00 Mil. Gold Hunter 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.

Gold Hunter Resources Interest Expense Historical Data

The historical data trend for Gold Hunter 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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Gold Hunter Resources Interest Expense Chart

Gold Hunter Resources Annual Data

Trend

Aug20

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Interest Expense

Gold Hunter Resources Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Interest Expense	Get a 7-Day Free Trial													-	-	-0.03	-	-

Gold Hunter 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 Mil.

Gold Hunter Resources (XCNQ:HUNT) 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.

Gold Hunter Resources's Interest Expense for the three months ended in May. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in May. 2024 was C$-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was C$0.00 Mil.

Gold Hunter Resources's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Gold Hunter Resources had no long-term debt ⁽¹⁾.

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

Gold Hunter Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Hunter Resources Inc (XCNQ:HUNT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 – 8050 204th Street, Langley, BC, CAN, V2Y 0X1

Website

https://www.goldhunterresources.com

Gold Hunter Resources Inc is engaged in the business of acquiring and exploring mineral resource properties. The company focuses on the Cameron Lake East Project located in the Kenora Mining Division of northwestern Ontario, 75 km southeast of the town of Kenora.

Executives

Magna Terra Minerals Inc.	10% Security Holder
Sean Adam Kingsley	Director, Senior Officer
Blair Lawrence Naughty	10% Security Holder
Brayden Robert Sutton	10% Security Holder

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