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

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What is Salazar Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Salazar 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. Salazar Resources's Operating Income for the three months ended in Mar. 2024 was C$ -0.58 Mil. Salazar Resources's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Salazar 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.

Salazar Resources Interest Expense Historical Data

The historical data trend for Salazar 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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Salazar Resources Interest Expense Chart

Salazar Resources Annual Data

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Interest Expense

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Salazar Resources Quarterly Data
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Salazar 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.

Salazar Resources (TSXV:SRL) 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.

Salazar Resources's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

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

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

Good Sign:

Salazar Resources Ltd has no debt.

Salazar Resources (TSXV:SRL) Business Description

Industry

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

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Traded in Other Exchanges

SRLZF:USA CCG:Germany

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.salazarresources.com

Salazar Resources Ltd is a Canada based junior mineral exploration company engaged in the acquisition and exploration of mineral properties located in Latin America. Its projects include Curipamba and Ruminahui. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets. The Company's exploration and evaluation assets are located in Ecuador and its corporate assets are located in Canada.

Executives

Merlin Marr-johnson

Director, Senior Officer