Majestic Interest Expense from 2010 to 2026

MJS Stock  CAD 0.19  0.01  5.00%   
Majestic Gold Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 280.2 K in 2026. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2001-09-30
Previous Quarter
270.6 K
Current Value
242.1 K
Quarterly Volatility
345.4 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Majestic Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Majestic Gold's main balance sheet or income statement drivers, such as Interest Expense of 280.2 K, Other Operating Expenses of 43.8 M or Operating Income of 33.2 M, as well as many indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0827 or PTB Ratio of 0.51. Majestic financial statements analysis is a perfect complement when working with Majestic Gold Valuation or Volatility modules.
  
This module can also supplement various Majestic Gold Technical models . Check out the analysis of Majestic Gold Correlation against competitors.
The evolution of Interest Expense for Majestic Gold Corp provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Majestic Gold compares to historical norms and industry peers.

Latest Majestic Gold's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Majestic Gold Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Majestic Gold's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Majestic Gold's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Majestic Interest Expense Regression Statistics

Arithmetic Mean752,793
Geometric Mean0.00
Coefficient Of Variation100.76
Mean Deviation549,913
Median487,632
Standard Deviation758,502
Sample Variance575.3B
Range2.9M
R-Value(0.46)
Mean Square Error483.9B
R-Squared0.21
Significance0.06
Slope(69,063)
Total Sum of Squares9.2T

Majestic Interest Expense History

2026280.2 K
2025295 K
2024256.5 K
2023357.2 K
2022344.6 K
2021487.6 K
2020663.6 K

About Majestic Gold Financial Statements

Majestic Gold investors use historical fundamental indicators, such as Majestic Gold's Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Majestic Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense295 K280.2 K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Majestic Stock Analysis

When running Majestic Gold's price analysis, check to measure Majestic Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Majestic Gold is operating at the current time. Most of Majestic Gold's value examination focuses on studying past and present price action to predict the probability of Majestic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Majestic Gold's price. Additionally, you may evaluate how the addition of Majestic Gold to your portfolios can decrease your overall portfolio volatility.