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ARIZF (Affinity Metals) Interest Expense : $-0.01 Mil (TTM As of Sep. 2024)


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What is Affinity Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Affinity Metals's interest expense for the three months ended in Sep. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.01 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. Affinity Metals's Operating Income for the three months ended in Sep. 2024 was $ -0.08 Mil. Affinity Metals's Interest Expense for the three months ended in Sep. 2024 was $ -0.00 Mil. Affinity Metals 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.


Affinity Metals Interest Expense Historical Data

The historical data trend for Affinity Metals'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.

Affinity Metals Interest Expense Chart

Affinity Metals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 -0.02 -0.02

Affinity Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -

Affinity Metals 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.


Affinity Metals  (OTCPK:ARIZF) 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.

Affinity Metals's Interest Expense for the three months ended in Sep. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.11 Mil.

Affinity Metals's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Affinity Metals 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.


Affinity Metals Business Description

Traded in Other Exchanges
Address
600-890 West Pender Street, Vancouver, BC, CAN, V6C 1J9
Affinity Metals Corp is engaged in the acquisition, exploration of mineral properties in Canada. The projects of the company include Regal Property and Windfall North.

Affinity Metals Headlines

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