Aloro Mining (TSXV:AORO) Interest Expense

: C$-0.02 Mil (TTM As of Sep. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aloro Mining's interest expense for the three months ended in Sep. 2023 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.02 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. Aloro Mining's Operating Income for the three months ended in Sep. 2023 was C$ -0.08 Mil. Aloro Mining's Interest Expense for the three months ended in Sep. 2023 was C$ -0.01 Mil. Aloro Mining 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.

Aloro Mining Interest Expense Historical Data

The historical data trend for Aloro Mining'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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Aloro Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-0.01

-0.03

-0.02

Aloro Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense																-	-0.01	-	-	-0.01

Aloro Mining 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 C$-0.02 Mil.

Aloro Mining (TSXV:AORO) 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.

Aloro Mining's Interest Expense for the three months ended in Sep. 2023 was C$-0.01 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.00 Mil.

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

Aloro Mining did not have earnings to cover the interest expense.

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

Aloro Mining (TSXV:AORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aloro Mining Corp (TSXV:AORO) » Definitions » Interest Expense

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Traded in Other Exchanges

WLRMF:USA

Address

No. 250 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T7

Website

https://www.aloromining.com

Aloro Mining Corp is a Canada-based gold exploration company. Its business is the acquisition, exploration, and development of its mineral interest in Mexico. The company has focused on finding and developing economic mineral deposits. Its project portfolio includes Quitovac Mine Project and Los Venados Project.

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