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U.S. GoldMining Inc. USGO Non-cash interest expense

Non-cash interest expense at other companies

U.S. Gold Corp. logo
U.S. Gold Corp.USAU
$8.57K+10.0%
Coeur Mining logo
Coeur MiningCDE
$4.84M+2.3%
Contango Silver & Gold
 logo
Contango Silver & Gold CTGO
$82.33K

Other financials

Income statement

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Operating income-$2.0M-50.4%
Net income-$1.9M-49.4%
EPS (diluted)-$0.14-40.0%

Balance sheet

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Cash & equivalents$4.8M+56.0%
Total debt$79.8K-22.8%
Total equity$6.2M+87.7%
Total assets$7.1M+69.6%

Cash flow

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Operating cash flow-$2.5M-176%
CapEx$236.8K
Free cash flow-$2.8M

Valuation

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Market cap$112.82M+10.8%
Enterprise value$108.15M+9.7%

Returns & leverage

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Return on equity-159.5%+70.7pp
Debt / equity0.0×
Current ratio10.1×+4.7×

Where this comes from

Reported directly by U.S. GoldMining Inc. in its filing.

Tagged under the XBRL concept us-gaap:AccretionExpense.

The official record: U.S. GoldMining Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is U.S. GoldMining Inc.'s non-cash interest expense?
U.S. GoldMining Inc. (USGO) reported non-cash interest expense of $5.32K in Q1 2026.
How has U.S. GoldMining Inc.'s non-cash interest expense changed year-over-year?
U.S. GoldMining Inc.'s non-cash interest expense increased by 10.1% year-over-year, from $4.84K to $5.32K.
What is the long-term trend for U.S. GoldMining Inc.'s non-cash interest expense?
Over 2 years (2023 to 2025), U.S. GoldMining Inc.'s non-cash interest expense has grown at a 8.1% compound annual growth rate (CAGR), from $17.17K to $20.06K.
What does non-cash interest expense mean?
Represents the non-cash interest expense recognized over time related to the accretion of liabilities, such as asset retirement obligations or debt discounts. This metric helps investors understand the non-cash impact of long-term obligations on the company's financial position without affecting immediate cash flow. It is a critical component for evaluating the true cost of capital and long-term liability management.