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Canadian Silver Hunter (TSXV:AGH.H) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Canadian Silver Hunter Interest Coverage?

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 by its Interest Expense. Canadian Silver Hunter's Operating Income for the three months ended in Dec. 2023 was C$-0.05 Mil. Canadian Silver Hunter's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Canadian Silver Hunter has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Canadian Silver Hunter Inc has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

The historical rank and industry rank for Canadian Silver Hunter's Interest Coverage or its related term are showing as below:

TSXV:AGH.H' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSXV:AGH.H's Interest Coverage is ranked better than
99.85% of 1340 companies
in the Metals & Mining industry
Industry Median: No Debt vs TSXV:AGH.H: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Canadian Silver Hunter Interest Coverage Historical Data

The historical data trend for Canadian Silver Hunter's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Canadian Silver Hunter Interest Coverage Chart

Canadian Silver Hunter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Canadian Silver Hunter Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Canadian Silver Hunter's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Canadian Silver Hunter's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Silver Hunter's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canadian Silver Hunter's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Canadian Silver Hunter's Interest Coverage falls into.



Canadian Silver Hunter Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Canadian Silver Hunter's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Canadian Silver Hunter's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Canadian Silver Hunter had no debt (1).

Canadian Silver Hunter's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Canadian Silver Hunter's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Canadian Silver Hunter had no debt (1).

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Canadian Silver Hunter  (TSXV:AGH.H) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Canadian Silver Hunter Interest Coverage Related Terms

Thank you for viewing the detailed overview of Canadian Silver Hunter's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Silver Hunter (TSXV:AGH.H) Business Description

Traded in Other Exchanges
N/A
Address
65 Harbour Square, Suite 904, Toronto, ON, CAN, M5J 2L4
Canadian Silver Hunter Inc is an exploration stage company engaged in the exploration and development of base and precious metal mineral properties. Its South Lorrain project is located in South Lorrain Township, Larder Lake Mining Division, Ontario and is comprised of the past-producing Keeley and Frontier silver-cobalt mines, the Veinlode Silver Mines mining leases, the Montreal River Extension claims, and the Tooth Lake claim. The other properties of the company include the Lost Dog property and the Dark Horse property. The company operates in one business segment being, the exploration for gold and silver. It operates in one business segment, the exploration of gold, silver and battery tech metals.

Canadian Silver Hunter (TSXV:AGH.H) Headlines

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