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Atlantic Gold NL (ASX:ATVCD) Interest Expense : A$-0.15 Mil (TTM As of Dec. 2013)


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What is Atlantic Gold NL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlantic Gold NL's interest expense for the six months ended in Dec. 2013 was A$ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was A$-0.15 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. Atlantic Gold NL's Operating Income for the six months ended in Dec. 2013 was A$ -1.10 Mil. Atlantic Gold NL's Interest Expense for the six months ended in Dec. 2013 was A$ -0.07 Mil. Atlantic Gold NL 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.


Atlantic Gold NL Interest Expense Historical Data

The historical data trend for Atlantic Gold NL'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.

Atlantic Gold NL Interest Expense Chart

Atlantic Gold NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 - - -0.07 -0.15

Atlantic Gold NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 - - -0.07 -0.08 -0.07

Atlantic Gold NL 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 Dec. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.15 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.


Atlantic Gold NL  (ASX:ATVCD) 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.

Atlantic Gold NL's Interest Expense for the six months ended in Dec. 2013 was A$-0.07 Mil. Its Operating Income for the six months ended in Dec. 2013 was A$-1.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2013 was A$0.00 Mil.

Atlantic Gold NL's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Atlantic Gold NL 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.


Atlantic Gold NL (ASX:ATVCD) Business Description

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Atlantic Gold NL (ATV, former Diamond Ventures NL) is primarily involved in the exploration of gold and diamonds in Australia and Canada. Current focus is on the development of the Touquoy project in Canada.

Atlantic Gold NL (ASX:ATVCD) Headlines

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