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Green Shift Commodities (TSXV:GCOM) Interest Expense : C$-0.02 Mil (TTM As of Mar. 2024)


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What is Green Shift Commodities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Green Shift Commodities's interest expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.02 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. Green Shift Commodities's Operating Income for the three months ended in Mar. 2024 was C$ -0.33 Mil. Green Shift Commodities's Interest Expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Green Shift Commodities 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.


Green Shift Commodities Interest Expense Historical Data

The historical data trend for Green Shift Commodities'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.

Green Shift Commodities Interest Expense Chart

Green Shift Commodities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.07 -0.08 -0.03 -0.02

Green Shift Commodities 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 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 -0.01 -0.01 -0.01 -0.01 -0.01

Green Shift Commodities 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$-0.02 Mil.

* 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.


Green Shift Commodities  (TSXV:GCOM) Interest Expense Explanation

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. The higher, the better.

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

Green Shift Commodities's Interest Expense for the three months ended in Mar. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.15 Mil.

Green Shift Commodities's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Green Shift Commodities did not have earnings to cover the interest expense.

* 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.


Green Shift Commodities (TSXV:GCOM) Business Description

Traded in Other Exchanges
Address
401-217 Queen Street West, Toronto, ON, CAN, M5V 0R2
Green Shift Commodities Ltd is a Canadian-based exploration company focused on the exploration of uranium and related minerals in South America. The group has a business presence in Canada, Colombia and Argentina.
Executives
Peter James Mullens Director
Trumbull Grant Fisher Director
Martin Edward Tunney Director

Green Shift Commodities (TSXV:GCOM) Headlines

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