Akita Drilling (Akita Drilling) Net Interest Income : $-3.9 Mil (TTM As of Mar. 2024)

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What is Akita Drilling Net Interest Income?

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors. Akita Drilling's net interest income for the three months ended in Mar. 2024 was $-0.9 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.9 Mil.

Akita Drilling Net Interest Income Historical Data

The historical data trend for Akita Drilling's Net Interest Income 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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Akita Drilling Net Interest Income Chart

Akita Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income

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-5.13

-4.37

-2.77

-4.96

-4.57

Akita Drilling Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income	Get a 7-Day Free Trial															-1.57	-1.13	-0.99	-0.86	-0.88

Akita Drilling Net Interest Income Calculation

Net Interest Income 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 $-3.9 Mil.

Akita Drilling Net Interest Income Related Terms

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Akita Drilling (Akita Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akita Drilling Ltd (OTCPK:AKTAF) » Definitions » Net Interest Income

Comparable Companies

Traded in Other Exchanges

774:Germany AKT.B:Canada AKT.A:Canada

Address

333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website

https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.