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Sage Potash (TSXV:SAGE) Interest Expense : C$ Mil (TTM As of Dec. 2023)


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What is Sage Potash Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sage Potash's interest expense for the three months ended in Dec. 2023 was C$ -0.00 Mil. Sage Potash does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Sage Potash's Operating Income for the three months ended in Dec. 2023 was C$ -0.74 Mil. Sage Potash's Interest Expense for the three months ended in Dec. 2023 was C$ -0.00 Mil. Sage Potash 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.


Sage Potash Interest Expense Historical Data

The historical data trend for Sage Potash'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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Sage Potash Interest Expense Chart

Sage Potash Annual Data
Trend
Interest Expense

Sage Potash Quarterly Data
Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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Sage Potash Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Sage Potash  (TSXV:SAGE) 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.

Sage Potash's Interest Expense for the three months ended in Dec. 2023 was C$-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.03 Mil.

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

Sage Potash 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.


Sage Potash (TSXV:SAGE) Business Description

Traded in Other Exchanges
Address
889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2
Sage Potash Corp is engaged in the acquisition, exploration, and development of mineral properties. Its principal business activity is the acquisition, exploration, and development of potash mineral properties. It holds interest in Sage Plain Potash property. The projects of the company include Sage Potash and Sage Lithium.

Sage Potash (TSXV:SAGE) Headlines

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