Alamos Gold (TSX:AGI) Interest Expense : C$-8 Mil (TTM As of Sep. 2024)

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What is Alamos Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alamos Gold's interest expense for the three months ended in Sep. 2024 was C$ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-8 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. Alamos Gold's Operating Income for the three months ended in Sep. 2024 was C$ 171 Mil. Alamos Gold's Interest Expense for the three months ended in Sep. 2024 was C$ -8 Mil. Alamos Gold's Interest Coverage for the quarter that ended in Sep. 2024 was 20.35. 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.

Alamos Gold Interest Expense Historical Data

The historical data trend for Alamos 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.

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Alamos Gold Interest Expense Chart

Alamos Gold Annual Data

Trend

Dec14

Dec15

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Dec19

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Dec23

Interest Expense

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-3.29

-5.51

-5.76

-7.74

-3.35

Alamos Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.81	0.27	-0.14	-	-8.40

Alamos 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8 Mil.

Alamos Gold (TSX:AGI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Alamos Gold's Interest Expense for the three months ended in Sep. 2024 was C$-8 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$171 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$379 Mil.

Alamos Gold's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	170.951	/	-8.399
	=	20.35

The higher the ratio, the stronger the company's financial strength is.

Alamos Gold Business Description

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AGI:USA 0UGS:UK 1AL:Germany 1AL:Germany

Address

181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3

Website

https://www.alamosgold.com

Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from the Mulatos mines.