ATLDF (Atlanta Gold) Interest Expense: $-0.75 Mil (TTM As of Sep. 2018)

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What is Atlanta Gold Interest Expense?

Atlanta Gold ATLDF -99.92% Interest Expense is $-0.75 Mil as of Sep. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlanta Gold's interest expense for the three months ended in Sep. 2018 was $ -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.75 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. Atlanta Gold's Operating Income for the three months ended in Sep. 2018 was $ -0.06 Mil. Atlanta Gold's Interest Expense for the three months ended in Sep. 2018 was $ -0.24 Mil. Atlanta 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.

Atlanta Gold  (OTCPK:ATLDF) 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.

Atlanta Gold's Interest Expense for the three months ended in Sep. 2018 was $-0.24 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.00 Mil.

Atlanta Gold's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Atlanta 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.

Atlanta Gold Interest Expense Historical Data

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The historical data trend for Atlanta 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.

Atlanta Gold Interest Expense Chart

Atlanta Gold Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -0.59 -0.91 -0.84 -1.03

Atlanta Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -0.29 0.01 -0.27 -0.25 -0.24

Atlanta 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.75 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 $-0.75 Mil mean?
Atlanta Gold (ATLDF) has a Interest Expense of $-0.75 Mil as of Sep. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Atlanta Gold and its competitors.
Is Atlanta Gold's Interest Expense too high?
Atlanta Gold's current Interest Expense is $-0.75 Mil.
How does Atlanta Gold's Interest Expense compare to OSTO and LKAI?
Atlanta Gold's Interest Expense of $-0.75 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 Atlanta Gold and its competitors. Atlanta Gold's current Interest Expense is $-0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Gold stock overvalued right now?
Atlanta Gold (ATLDF) has a current Interest Expense of $-0.75 Mil. The current Interest Expense is $-0.75 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 Atlanta Gold (ATLDF), the current Interest Expense is $-0.75 Mil as of Sep. 2018. 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.

Atlanta Gold Business Description

Address 100 King Street West, Suite 5600 - First Canadian Place, Toronto, ON, CAN, M5X 1C9
Atlanta Gold Inc is a Canada-based junior gold exploration and development company. The company's segment is its operation in the United States. It is engaged in the exploration, environmental permitting, engineering and development of the Atlanta Gold project (Atlanta Project). The Atlanta Project is a gold exploration property, which is located near Atlanta, Idaho, the United States. The company also holds a leasehold interest on over five patented lode claims known as the Neal Property.