Altair International (Altair International) Interest Expense : $-0.13 Mil (TTM As of Sep. 2023)

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What is Altair International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altair International's interest expense for the three months ended in Sep. 2023 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.13 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. Altair International's Operating Income for the three months ended in Sep. 2023 was $ -0.05 Mil. Altair International's Interest Expense for the three months ended in Sep. 2023 was $ -0.04 Mil. Altair International did not have earnings to cover the interest expense. 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.

Altair International Interest Expense Historical Data

The historical data trend for Altair International'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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Altair International Interest Expense Chart

Altair International Annual Data

Trend

Mar14

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Mar18

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Mar23

Interest Expense

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-0.17

-0.57

-0.20

Altair International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.07	-0.02	-0.04	-0.03	-0.04

Altair International 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 $-0.13 Mil.

Altair International (OTCPK:ATAO) 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.

Altair International's Interest Expense for the three months ended in Sep. 2023 was $-0.04 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

Altair International's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Altair International did not have earnings to cover the interest expense.

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

Altair International (Altair International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altair International Corp (OTCPK:ATAO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA, USA, 15212

Website

https://www.altairinternationalcorp.com

Altair International Corp is currently engaged in identifying and assessing new business opportunities. The company had Interests In the Lithium And Gold Mining Sectors. Its projects include Stonewall and Walker Ridge.

Executives

Leonard Lovallo	director, 10 percent owner, officer: President and CEO	322 NORTH SHORE DRIVE, BUILDING 1B, SUITE 200, PITTSBURGH PA 15212
Fourth Street Fund, Lp	10 percent owner	4047 ST GEORGES CT, DULUTH GA 30096
Erop Capital Llc	other: Owner of 9.9% of Issuer	912 HOLCOMB BRIDGE ROAD, STE 101, ROSWELL GA 30076
Alan M Smith	director, 10 percent owner, officer: President and CEO	1624 MARKET STREET, SUITE 202, DENVER CO 80202