Goliath Resources (TSXV:GOT) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Goliath Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goliath Resources's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$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. Goliath Resources's Operating Income for the three months ended in Mar. 2024 was C$ -1.91 Mil. Goliath Resources's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Goliath Resources 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.

Goliath Resources Interest Expense Historical Data

The historical data trend for Goliath Resources'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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Goliath Resources Interest Expense Chart

Goliath Resources Annual Data

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Interest Expense

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Goliath Resources Quarterly Data
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Goliath Resources 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$0.00 Mil.

Goliath Resources (TSXV:GOT) 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.

Goliath Resources's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Goliath Resources's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Goliath Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Goliath Resources Ltd has no debt.

Goliath Resources (TSXV:GOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goliath Resources Ltd (TSXV:GOT) » Definitions » Interest Expense

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GOTRF:USA B4IF:Germany

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.goliathresourcesltd.com

Goliath Resources Ltd is a precious metals project generator focused in the prolific Abitibi Greenstone Belt, Quebec and Golden Triangle area of northwestern British Columbia. The company operates through various projects comprising Lucky Strike, Copperhead, Bingo, Golddigger, Nelligan Project and DSM Projects. It operates in a single reportable operating segment, being the acquisition, exploration and evaluation of exploration and evaluation assets in Canada.

Executives

Jean Lafleur

Director

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