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Alita Resources (SGX:40F) Interest Expense : S$-2.02 Mil (TTM As of Dec. 2018)


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What is Alita Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alita Resources's interest expense for the three months ended in Dec. 2018 was S$ -1.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was S$-2.02 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. Alita Resources's Operating Income for the three months ended in Dec. 2018 was S$ -0.80 Mil. Alita Resources's Interest Expense for the three months ended in Dec. 2018 was S$ -1.16 Mil. Alita Resources 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.


Alita Resources Interest Expense Historical Data

The historical data trend for Alita 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.

* Premium members only.

Alita Resources Interest Expense Chart

Alita Resources Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Interest Expense
Get a 7-Day Free Trial -0.03 -0.03 -0.03 - -0.36

Alita Resources Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 - -0.36 -0.50 -1.16 -

Alita 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-2.02 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.


Alita Resources  (SGX:40F) 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.

Alita Resources's Interest Expense for the three months ended in Dec. 2018 was S$-1.16 Mil. Its Operating Income for the three months ended in Dec. 2018 was S$-0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was S$13.06 Mil.

Alita Resources's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Alita Resources 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.


Alita Resources (SGX:40F) Business Description

Traded in Other Exchanges
N/A
Address
Level 3, 20 Parkland Road, Osborne Park, Perth, WA, AUS, 6017
Alita Resources Ltd, formerly Alliance Mineral Assets Ltd is a mining company primarily engaged in the business of developing and producing lithium (spodumene) concentrate. Its principal project is the Bald Hill Lithium and Tantalum Mine which is located south east of Kambalda in the Eastern Goldfields region of Western Australia.

Alita Resources (SGX:40F) Headlines

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