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Americas Gold And Silver (TSX:USA) Interest Expense : C$-12.9 Mil (TTM As of Sep. 2024)


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What is Americas Gold And Silver Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Americas Gold And Silver's interest expense for the three months ended in Sep. 2024 was C$ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-12.9 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. Americas Gold And Silver's Operating Income for the three months ended in Sep. 2024 was C$ -10.0 Mil. Americas Gold And Silver's Interest Expense for the three months ended in Sep. 2024 was C$ -6.0 Mil. Americas Gold And Silver 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.


Americas Gold And Silver Interest Expense Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver Interest Expense Chart

Americas Gold And Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.36 -0.32 -6.23 -2.44 -10.99

Americas Gold And Silver 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 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 -3.43 -2.02 -0.93 -4.01 -5.99

Americas Gold And Silver 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$-12.9 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.


Americas Gold And Silver  (TSX:USA) 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.

Americas Gold And Silver's Interest Expense for the three months ended in Sep. 2024 was C$-6.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-10.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$12.7 Mil.

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

Americas Gold And Silver 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.


Americas Gold And Silver Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8
Americas Gold And Silver Corp is a mining company engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico. It has geographic focus is the Western Hemisphere, particularly the United States and Mexico.
Executives
Alexander John Davidson Director
Darren John Blasutti Senior Officer
Daren Dell Senior Officer
Stefan Axell Senior Officer

Americas Gold And Silver Headlines

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