Alacer Gold (Alacer Gold) Interest Expense : $-25.7 Mil (TTM As of Jun. 2020)

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What is Alacer Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alacer Gold's interest expense for the three months ended in Jun. 2020 was $ -5.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was $-25.7 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. Alacer Gold's Operating Income for the three months ended in Jun. 2020 was $ 39.7 Mil. Alacer Gold's Interest Expense for the three months ended in Jun. 2020 was $ -5.8 Mil. Alacer Gold's Interest Coverage for the quarter that ended in Jun. 2020 was 6.88. 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.

Alacer Gold Interest Expense Historical Data

The historical data trend for Alacer 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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Alacer Gold Interest Expense Chart

Alacer Gold Annual Data

Trend

Dec10

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Dec12

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Dec19

Interest Expense

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-0.03

3.86

-19.26

Alacer Gold Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Interest Expense	Get a 7-Day Free Trial															-4.34	-6.76	-6.60	-6.59	-5.77

Alacer 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.7 Mil.

Alacer Gold (OTCPK:ALIAF) 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.

Alacer Gold's Interest Expense for the three months ended in Jun. 2020 was $-5.8 Mil. Its Operating Income for the three months ended in Jun. 2020 was $39.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was $271.7 Mil.

Alacer Gold's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2020 )	/	Interest Expense (Q: Jun. 2020 )
	=	-1	*	39.715	/	-5.772
	=	6.88

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

Alacer Gold (Alacer Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alacer Gold Corp (OTCPK:ALIAF) » Definitions » Interest Expense

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Address

7001 East Belleview Avenue, Suite 800, Denver, CO, USA, 80237

Website

http://www.alacergold.com

Alacer Gold Corp is a gold mining company. The group operates in one reportable operating segment consisting of mining, development, and exploration of mineral deposits in Turkey. It is focused on two parts of exploration: the Copler District and Turkey Regional. Geographically, it generates maximum revenue from the Turkey business unit.

Alacer Gold (Alacer Gold) Headlines

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