JLRRF (South Atlantic Gold) Interest Expense: $-0.02 Mil (TTM As of Feb. 2026)


What is South Atlantic Gold Interest Expense?

South Atlantic Gold JLRRF Interest Expense is $-0.02 Mil as of Feb. 2026. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South Atlantic Gold's interest expense for the three months ended in Feb. 2026 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.02 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. South Atlantic Gold's Operating Income for the three months ended in Feb. 2026 was $ -0.13 Mil. South Atlantic Gold's Interest Expense for the three months ended in Feb. 2026 was $ -0.01 Mil. South Atlantic 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.

South Atlantic Gold  (OTCPK:JLRRF) 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.

South Atlantic Gold's Interest Expense for the three months ended in Feb. 2026 was $-0.01 Mil. Its Operating Income for the three months ended in Feb. 2026 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was $0.00 Mil.

South Atlantic Gold's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

South Atlantic 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.

South Atlantic Gold Interest Expense Historical Data

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The historical data trend for South Atlantic 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.

South Atlantic Gold Interest Expense Chart

South Atlantic Gold Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.02

South Atlantic Gold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 0.00 -0.00 -0.01 -0.01

South Atlantic 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
South Atlantic Gold (JLRRF) has a Interest Expense of $-0.02 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on South Atlantic Gold and its competitors.
Is South Atlantic Gold's Interest Expense too high?
South Atlantic Gold's current Interest Expense is $-0.02 Mil.
How does South Atlantic Gold's Interest Expense compare to competitors?
South Atlantic Gold's Interest Expense of $-0.02 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 South Atlantic Gold and its competitors. South Atlantic Gold's current Interest Expense is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Atlantic Gold stock overvalued right now?
South Atlantic Gold (JLRRF) has a current Interest Expense of $-0.02 Mil. The current Interest Expense is $-0.02 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 South Atlantic Gold (JLRRF), the current Interest Expense is $-0.02 Mil as of Feb. 2026. 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.

South Atlantic Gold Business Description

Other Exchanges SAO:Canada
Address 1665 Ellis Street, Suite 301, Kelowna, BC, CAN, V1Y 2B3
South Atlantic Gold Inc is engaged in the acquisition, exploration, and development of mineral properties located in Brazil and Canada. The company's current properties include the Pendra Branca Project in Brazil and the Bigg Kidd project currently under the option and located in British Columbia.