LKAI (LKA Gold) Interest Expense: $-0.11 Mil (TTM As of Sep. 2019)


LKAI LKA Gold Inc LKAI
12 GF Score
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What is LKA Gold Interest Expense?

LKA Gold LKAI 12 Interest Expense is $-0.11 Mil as of Sep. 2019. GuruFocus rates LKAI with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LKA Gold's interest expense for the three months ended in Sep. 2019 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.11 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. LKA Gold's Operating Income for the three months ended in Sep. 2019 was $ -0.08 Mil. LKA Gold's Interest Expense for the three months ended in Sep. 2019 was $ -0.02 Mil. LKA 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.

LKA Gold  (OTCPK:LKAI) 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.

LKA Gold's Interest Expense for the three months ended in Sep. 2019 was $-0.02 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $0.08 Mil.

LKA Gold's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

LKA 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.

LKA Gold Interest Expense Historical Data

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The historical data trend for LKA 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.

LKA Gold Interest Expense Chart

LKA Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.03 -0.04 -0.14 -0.70

LKA Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.04 -0.07 -0.01 -0.01 -0.02
LKAI
12GF Score
LKA Gold Inc LKAI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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LKA 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 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 $-0.11 Mil mean?
LKA Gold (LKAI) has a Interest Expense of $-0.11 Mil as of Sep. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on LKA Gold and its competitors.
Is LKA Gold's Interest Expense too high?
LKA Gold's current Interest Expense is $-0.11 Mil. Overall, LKA Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LKA Gold's Interest Expense compare to IMII and GLNS?
LKA Gold's Interest Expense of $-0.11 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 LKA Gold and its competitors. LKA Gold's current Interest Expense is $-0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LKA Gold stock overvalued right now?
LKA Gold (LKAI) has a current Interest Expense of $-0.11 Mil. The current Interest Expense is $-0.11 Mil. LKA Gold's overall GF Score™ is 12/100. 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 LKA Gold (LKAI), the current Interest Expense is $-0.11 Mil as of Sep. 2019. 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.

LKA Gold Business Description

Address 3724 47th Street Ct. N.W., Gig Harbor, WA, USA, 98335
LKA Gold Inc is a gold mining and exploration company located in Gig Harbor, WA. The company's primary asset is a high-grade gold-producing property known as the Golden Wonder mine located in Colorado.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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