Damara Gold (Damara Gold) Interest Expense : $0.00 Mil (TTM As of Jan. 2024)

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What is Damara Gold Interest Expense?

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

Damara Gold Interest Expense Historical Data

The historical data trend for Damara Gold'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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Damara Gold Interest Expense Chart

Damara Gold Annual Data

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Interest Expense

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Damara Gold Quarterly Data
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Damara Gold 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 $0.00 Mil.

Damara Gold (OTCPK:SLMZF) 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.

Damara Gold's Interest Expense for the three months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.00 Mil.

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

Damara Gold had no long-term debt ⁽¹⁾.

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

Good Sign:

Damara Gold Corp has no debt.

Damara Gold (Damara Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Damara Gold Corp (OTCPK:SLMZF) » Definitions » Interest Expense

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DMR:Canada

Address

1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.damaragoldcorp.com

Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering approximately 8,955 hectares located approximately 35km south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

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