Golconda Gold (TSXV:GG) Interest Expense : C$-0.38 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Golconda Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Golconda Gold's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.38 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. Golconda Gold's Operating Income for the three months ended in Dec. 2023 was C$ -0.73 Mil. Golconda Gold's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Golconda 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.

Golconda Gold Interest Expense Historical Data

The historical data trend for Golconda 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.

* Premium members only.

Golconda Gold Interest Expense Chart

Golconda Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.19

-0.64

-1.03

-0.28

-1.17

Golconda Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-0.13	-0.24	-	-

Golconda 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.38 Mil.

Golconda Gold (TSXV:GG) 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.

Golconda Gold's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Golconda Gold's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

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

Golconda Gold (TSXV:GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golconda Gold Ltd (TSXV:GG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GGGOF:USA Y87:Germany

Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

https://www.galanegold.com

Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Mupane in Botswana; Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has one reportable segment, being the exploration, development and operation of gold mining properties.

Executives

Ravi Sood

Director