SAGD (South American Gold) Interest Expense: $-0.24 Mil (TTM As of Sep. 2013)


What is South American Gold Interest Expense?

South American Gold SAGD Interest Expense is $-0.24 Mil as of Sep. 2013.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South American Gold's interest expense for the three months ended in Sep. 2013 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.24 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 American Gold's Operating Income for the three months ended in Sep. 2013 was $ -0.05 Mil. South American Gold's Interest Expense for the three months ended in Sep. 2013 was $ -0.03 Mil. South American 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 American Gold  (OTCPK:SAGD) 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 American Gold's Interest Expense for the three months ended in Sep. 2013 was $-0.03 Mil. Its Operating Income for the three months ended in Sep. 2013 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was $0.02 Mil.

South American Gold's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

South American 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 American Gold Interest Expense Historical Data

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The historical data trend for South American 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 American Gold Interest Expense Chart

South American Gold Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 -0.00 -0.23

South American Gold Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -0.02 -0.06 -0.07 -0.08 -0.03

South American 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.24 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 $-0.24 Mil mean?
South American Gold (SAGD) has a Interest Expense of $-0.24 Mil as of Sep. 2013. Interest Expense is the amount a company pays on its long-term debt. View historical data on South American Gold and its competitors.
Is South American Gold's Interest Expense too high?
South American Gold's current Interest Expense is $-0.24 Mil.
How does South American Gold's Interest Expense compare to RGGI and RAEWF?
South American Gold's Interest Expense of $-0.24 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Interest Expense depends on the Drug Manufacturers 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 American Gold and its competitors. South American Gold's current Interest Expense is $-0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South American Gold stock overvalued right now?
South American Gold (SAGD) has a current Interest Expense of $-0.24 Mil. The current Interest Expense is $-0.24 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 American Gold (SAGD), the current Interest Expense is $-0.24 Mil as of Sep. 2013. 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 American Gold Business Description

Address 8275 S. Eastern Avenue, Suite 200, Las Vegas, NV, USA, 89123
South American Gold Corp owns, operates, and invests in cannabis-related products, services, and technology. The company is focused on tech related as well as more traditional physical product operations that will provide a diverse base of products and service offerings.