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ADMG (Adamant DRI Processing and Minerals Group) Interest Expense : $0.00 Mil (TTM As of Sep. 2023)


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What is Adamant DRI Processing and Minerals Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adamant DRI Processing and Minerals Group's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 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. Adamant DRI Processing and Minerals Group's Operating Income for the three months ended in Sep. 2023 was $ -0.03 Mil. Adamant DRI Processing and Minerals Group's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Adamant DRI Processing and Minerals Group has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Adamant DRI Processing and Minerals Group Interest Expense Historical Data

The historical data trend for Adamant DRI Processing and Minerals Group'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.

* Premium members only.

Adamant DRI Processing and Minerals Group Interest Expense Chart

Adamant DRI Processing and Minerals Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
Interest Expense
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Adamant DRI Processing and Minerals Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Adamant DRI Processing and Minerals Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


Adamant DRI Processing and Minerals Group  (OTCPK:ADMG) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Adamant DRI Processing and Minerals Group's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

Adamant DRI Processing and Minerals Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Adamant DRI Processing and Minerals Group had no long-term debt (1).

* 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.

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


Adamant DRI Processing and Minerals Group Business Description

Traded in Other Exchanges
N/A
Address
99 East State Street, No.202, Eagle, ID, USA, 83616
Adamant DRI Processing and Minerals Group is a shell company.
Executives
Nicholas Aaron Parks director, 10 percent owner, officer: President, Secretary/Treasurer 5010 THORNBROOK RIDGE, COLUMBIA MO 65203
Changqing Han 10 percent owner C/O TARGET ACQUISITIONS I, INC., CHUNSHUGOU LUANZHUANG VLG, ZHUOLU COUNTY, ZHANGJIAKOU, HEBEI PROVINCE F4 075600
Jiazhen Liu 10 percent owner C/O TARGET ACQUISITIONS I, INC., CHUNSHUGOU LUANZHUANG VLG, ZHUOLU COUNTY, ZHANGJIAKOU, HEBEI PROVINCE F4 075600
Changkui Zhu director, officer: Chief Executive Officer C/O TARGET ACQUISITIONS I, INC., CHUNSHUGOU LUANZHUANG VLG, ZHUOLU COUNTY, ZHANGJIAKOU, HEBEI PROVINCE F4 075600
Omar Cunha director, 10 percent owner, officer: Vice President UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Van Voorst Vader Peter director, 10 percent owner UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Lawrence Burstein director, 10 percent owner, officer: Secretary and Treasurer C/O UNITY VENTURE CAPITAL ASSOCIATES LTD, 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Sidney Levy director, 10 percent owner UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Vincent J Mcgill director C/O EATON & VAN WINKLE LLP, 3 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10016
Nissen Holdings & Co Ltd. 10 percent owner UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Ronald C Schmeiser director, officer: President 6015 HOWE STREET, PITTSBURGH PA 15204
Dachris Ltd. 10 percent owner 60 PORT PERRY ROAD, NORTH VERSAILLES PA 15137

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