Rockland Resources (XCNQ:RKL) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Rockland Resources Interest Expense?

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

Rockland Resources Interest Expense Historical Data

The historical data trend for Rockland 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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Rockland Resources Interest Expense Chart

Rockland Resources Annual Data

Trend

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Interest Expense

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

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

Rockland Resources (XCNQ:RKL) 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.

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

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

Rockland Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Rockland Resources Ltd has no debt.

Rockland Resources (XCNQ:RKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rockland Resources Ltd (XCNQ:RKL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C1H2

Website

https://www.rocklandresources.com

Rockland Resources Ltd is engaged in the exploration and development of mineral properties in British Columbia. The company's project includes Elektra, Stetham Uranium, Cole Gold Mine, Old Timer.

Executives

Michael Bruno John Franz England

Director

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