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ANTMF (Antilles Gold) Interest Expense : $-0.83 Mil (TTM As of Jun. 2024)


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What is Antilles Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Antilles Gold's interest expense for the six months ended in Jun. 2024 was $ -0.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.83 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. Antilles Gold's Operating Income for the six months ended in Jun. 2024 was $ -0.91 Mil. Antilles Gold's Interest Expense for the six months ended in Jun. 2024 was $ -0.50 Mil. Antilles Gold 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.


Antilles Gold Interest Expense Historical Data

The historical data trend for Antilles Gold'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.

Antilles Gold Interest Expense Chart

Antilles Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -1.00 -1.00 -1.04 -0.83

Antilles Gold Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.50 -0.53 -0.52 -0.50 -0.33

Antilles Gold 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.83 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.


Antilles Gold  (OTCPK:ANTMF) 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.

Antilles Gold's Interest Expense for the six months ended in Jun. 2024 was $-0.50 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.00 Mil.

Antilles Gold's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Antilles Gold 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Antilles Gold Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Antilles Gold Business Description

Traded in Other Exchanges
Address
55 Kirkham Road, Bowral, Sydney, NSW, AUS, 2576
Antilles Gold Ltd is engaged in the exploration of gold and other metal deposits. The company is engaged in the development of the La Demajagua Gold/Silver Project and Las Lagunas Project. The group's main operating segments. are the Las Lagunas project, its Albion/CIL plant design, and the Cuban projects. The company generates the majority of its revenue from the Las Lagunas Project. Geographically the company has a presence in the Dominican Republic, Cuba, and Australia.

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