Meridian Mining UK Societas (TSX:MNO) Interest Expense : C$-0.07 Mil (TTM As of Mar. 2024)

View and export this data going back to 1981. Start your Free Trial

What is Meridian Mining UK Societas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meridian Mining UK Societas's interest expense for the three months ended in Mar. 2024 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.07 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. Meridian Mining UK Societas's Operating Income for the three months ended in Mar. 2024 was C$ -3.29 Mil. Meridian Mining UK Societas's Interest Expense for the three months ended in Mar. 2024 was C$ -0.02 Mil. Meridian Mining UK Societas 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.

Meridian Mining UK Societas Interest Expense Historical Data

The historical data trend for Meridian Mining UK Societas'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.

Meridian Mining UK Societas Interest Expense Chart

Meridian Mining UK Societas Annual Data

Trend

Jan14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-3.17

-0.78

-0.10

-0.08

Meridian Mining UK Societas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.01	-0.02	-0.02	-0.02

Meridian Mining UK Societas 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$-0.07 Mil.

Meridian Mining UK Societas (TSX:MNO) 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.

Meridian Mining UK Societas's Interest Expense for the three months ended in Mar. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-3.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Meridian Mining UK Societas's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Meridian Mining UK Societas did not have earnings to cover the interest expense.

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

Meridian Mining UK Societas (TSX:MNO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meridian Mining UK Societas (TSX:MNO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MRRDF:USA N2E:Germany

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.meridianmining.co

Meridian Mining UK Societas along with its subsidiaries engages in the acquisition, exploration, development, and mining activities in Brazil. It focuses on exploring and developing the Espigao manganese project, the Ariquemes tin JV area, and adjacent areas in the state of Rondonia. It also undertakes the Cabacal Project, Mato Grosso.

Executives

William John Walker Skinner

Director

Meridian Mining UK Societas (TSX:MNO) Headlines

No Headlines