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Pacific Ridge Exploration (TSXV:PEX) Interest Expense : C$-0.01 Mil (TTM As of Mar. 2024)


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What is Pacific Ridge Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pacific Ridge Exploration'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$-0.01 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. Pacific Ridge Exploration's Operating Income for the three months ended in Mar. 2024 was C$ -0.39 Mil. Pacific Ridge Exploration's Interest Expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Pacific Ridge Exploration 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.


Pacific Ridge Exploration Interest Expense Historical Data

The historical data trend for Pacific Ridge Exploration'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.

Pacific Ridge Exploration Interest Expense Chart

Pacific Ridge Exploration 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 - - -0.01 - -0.01

Pacific Ridge Exploration 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

Pacific Ridge Exploration 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$-0.01 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.


Pacific Ridge Exploration  (TSXV:PEX) 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.

Pacific Ridge Exploration's Interest Expense for the three months ended in Mar. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Pacific Ridge Exploration's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Pacific Ridge Exploration 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.


Pacific Ridge Exploration (TSXV:PEX) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Pacific Ridge Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of mineral properties in Canada and the United States. The company explores zinc and gold deposits. Its projects portfolio includes White Gold property located in Yukon that includes Mariposa, Gold Cap, and Eureka Dome; Fyre Lake property located in Yukon and Spius property located in British Columbia.
Executives
Salvador Miranda Senior Officer
Arie Alisen Page Senior Officer

Pacific Ridge Exploration (TSXV:PEX) Headlines