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Ascot Resources (TSX:AOT) Interest Expense : C$-1.52 Mil (TTM As of Mar. 2024)


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What is Ascot Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ascot Resources's interest expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.52 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. Ascot Resources's Operating Income for the three months ended in Mar. 2024 was C$ -2.65 Mil. Ascot Resources's Interest Expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Ascot Resources 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.


Ascot Resources Interest Expense Historical Data

The historical data trend for Ascot Resources'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.

Ascot Resources Interest Expense Chart

Ascot Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.74 -0.30 -0.06 -0.05 -0.03

Ascot Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.01 -1.50 -0.01 - -0.01

Ascot Resources 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.52 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.


Ascot Resources  (TSX:AOT) 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.

Ascot Resources's Interest Expense for the three months ended in Mar. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-2.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$25.66 Mil.

Ascot Resources's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ascot Resources did not have earnings to cover the interest expense.

* 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.


Ascot Resources (TSX:AOT) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1050, Vancouver, BC, CAN, V6E 2M6
Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in Washington State, USA.
Executives
John Gerard Kiernan Senior Officer

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