Avventura Resources (FRA:25G) Interest Expense: €0.00 Mil (TTM As of Jun. 2024)

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What is Avventura Resources Interest Expense?

Avventura Resources FRA:25G Interest Expense is €0.00 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avventura Resources's interest expense for the three months ended in Jun. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €0.00 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. Avventura Resources's Operating Income for the three months ended in Jun. 2024 was € -0.03 Mil. Avventura Resources's Interest Expense for the three months ended in Jun. 2024 was € 0.00 Mil. Avventura Resources has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Avventura Resources  (FRA:25G) 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.

Avventura Resources's Interest Expense for the three months ended in Jun. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was €-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €0.00 Mil.

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

Avventura Resources had no long-term debt (1).

* 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.


Avventura Resources Interest Expense Historical Data

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The historical data trend for Avventura Resources'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.

Avventura Resources Interest Expense Chart

Avventura Resources Annual Data
Trend Dec22
Interest Expense
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Avventura Resources Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Avventura Resources 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 quarterly data reported by the company within the most recent 12 months, which was €0.00 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 €0.00 Mil mean?
Avventura Resources (FRA:25G) has a Interest Expense of €0.00 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Avventura Resources and its competitors.
Is Avventura Resources' Interest Expense too high?
Avventura Resources' current Interest Expense is €0.00 Mil.
How does Avventura Resources' Interest Expense compare to ?
Avventura Resources' Interest Expense of €0.00 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 Avventura Resources and its competitors. Avventura Resources's current Interest Expense is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avventura Resources stock overvalued right now?
Avventura Resources (FRA:25G) has a current Interest Expense of €0.00 Mil. The current Interest Expense is €0.00 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 Avventura Resources (FRA:25G), the current Interest Expense is €0.00 Mil as of Jun. 2024. 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.

Avventura Resources Business Description

Comparable Companies
Address 9285-203B Street, Langley, BC, CAN, V1M 2L9
Avventura Resources Ltd is engaged in the acquisition and exploration of mineral properties. The Company currently has the option to acquire a one hundred percent (100%) undivided interest in the Horwood Property. The Horwood Property is comprised of two hundred and ninety-six mining claim cells, arranged into forty-five Multicell Claims which form two non-contiguous blocks, covering a total area of 68.36 km2 after accommodating for overlaps with private patented claims located in Horwood and Silk Townships in the Sudbury District of Ontario, approximately 90 kilometers southwest of Timmins in a straight line. Its exploration program will be principally focused on gold exploration.