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Silverton Adventures (Silverton Adventures) Interest Expense : $0.00 Mil (TTM As of Sep. 2023)


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What is Silverton Adventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silverton Adventures'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. Silverton Adventures's Operating Income for the three months ended in Sep. 2023 was $ -0.03 Mil. Silverton Adventures's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Silverton Adventures 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.


Silverton Adventures Interest Expense Historical Data

The historical data trend for Silverton Adventures'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.

Silverton Adventures Interest Expense Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Interest Expense
Get a 7-Day Free Trial - - - - -0.33

Silverton Adventures Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Sep22 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 -0.06 -0.08 -0.09 - -

Silverton Adventures 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.


Silverton Adventures  (OTCPK:SVAD) 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.

Silverton Adventures'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.

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

Silverton Adventures 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Silverton Adventures Inc has enough cash to cover all of its debt. Its financial situation is stable.


Silverton Adventures (Silverton Adventures) Business Description

Traded in Other Exchanges
N/A
Address
31 Hung To Road, Room 1302, 13/F, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG
Silverton Adventures Inc is a Shell company.

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