AMLM (American Lithium Minerals) Interest Expense: $-0.35 Mil (TTM As of Jun. 2011)


What is American Lithium Minerals Interest Expense?

American Lithium Minerals AMLM -12.23% Interest Expense is $-0.35 Mil as of Jun. 2011.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Lithium Minerals's interest expense for the three months ended in Jun. 2011 was $ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2011 was $-0.35 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. American Lithium Minerals's Operating Income for the three months ended in Jun. 2011 was $ -0.14 Mil. American Lithium Minerals's Interest Expense for the three months ended in Jun. 2011 was $ -0.15 Mil. American Lithium Minerals 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.

American Lithium Minerals  (OTCPK:AMLM) 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.

American Lithium Minerals's Interest Expense for the three months ended in Jun. 2011 was $-0.15 Mil. Its Operating Income for the three months ended in Jun. 2011 was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2011 was $0.00 Mil.

American Lithium Minerals's Interest Coverage for the quarter that ended in Jun. 2011 is calculated as

American Lithium Minerals 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.

American Lithium Minerals Interest Expense Historical Data

* Premium members only.

The historical data trend for American Lithium Minerals'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.

American Lithium Minerals Interest Expense Chart

American Lithium Minerals Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10
Interest Expense
0.00 0.00 0.00 0.00 -0.03

American Lithium Minerals Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 0.00 -0.03 -0.10 -0.07 -0.15

American Lithium Minerals 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 Jun. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.35 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.35 Mil mean?
American Lithium Minerals (AMLM) has a Interest Expense of $-0.35 Mil as of Jun. 2011. Interest Expense is the amount a company pays on its long-term debt. View historical data on American Lithium Minerals and its competitors.
Is American Lithium Minerals' Interest Expense too high?
American Lithium Minerals' current Interest Expense is $-0.35 Mil.
How does American Lithium Minerals' Interest Expense compare to RMES and LITH?
American Lithium Minerals' Interest Expense of $-0.35 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on American Lithium Minerals and its competitors. American Lithium Minerals's current Interest Expense is $-0.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Lithium Minerals stock overvalued right now?
American Lithium Minerals (AMLM) has a current Interest Expense of $-0.35 Mil. The current Interest Expense is $-0.35 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For American Lithium Minerals (AMLM), the current Interest Expense is $-0.35 Mil as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Lithium Minerals Business Description

Address 6440 Sky Pointe Drive, Suite 140-149, Las Vegas, NV, USA, 89131
American Lithium Minerals Inc. is engaged in the acquisition and exploration of mining properties. The company focuses on exploring lithium, uranium, and rare earth elements. Its projects include the Sarcobatus Lithium Project, located at Scotty's Junction in Nye County, Nevada, and the Kingman Rare Earth Project, situated about 5 miles north of Kingman, Arizona, on the eastern flank of Bull Mountain.