White Gold (TSXV:WGO) Interest Expense : C$0.02 Mil (TTM As of Jun. 2024)

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What is White Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. White Gold's interest expense for the three months ended in Jun. 2024 was C$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was C$0.02 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. White Gold's Operating Income for the three months ended in Jun. 2024 was C$ -0.63 Mil. White Gold's Interest Expense for the three months ended in Jun. 2024 was C$ -0.00 Mil. White Gold 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.

White Gold Interest Expense Historical Data

The historical data trend for White 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.

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White Gold Interest Expense Chart

White Gold Annual Data

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Interest Expense

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-0.01

White Gold Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	0.03	-	-

White 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

White Gold (TSXV:WGO) 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.

White Gold's Interest Expense for the three months ended in Jun. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$0.00 Mil.

White Gold's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

White Gold did not have earnings to cover the interest expense.

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

White Gold Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » White Gold Corp (TSXV:WGO) » Definitions » Interest Expense

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WHGOF:USA 29W:Germany

Address

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

Website

https://www.whitegoldcorp.ca

White Gold Corp is in the business of acquiring and exploring mineral properties. The company owned several properties in the Yukon's White Gold District in Canada. Its exploration properties include White Gold Property, Sixty Mile, Klondike, Money and White Stewart, Coffee Trend East, Coffee Trend West, and Beaver Creek.

Executives