Ashantinkofa (TSXV:ASI.H) Interest Expense : C$0.00 Mil (TTM As of Nov. 2021)

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What is Ashantinkofa Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ashantinkofa's interest expense for the three months ended in Nov. 2021 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2021 was C$0.00 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. Ashantinkofa's Operating Income for the three months ended in Nov. 2021 was C$ 0.01 Mil. Ashantinkofa's Interest Expense for the three months ended in Nov. 2021 was C$ 0.00 Mil. Ashantinkofa has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ashantinkofa Interest Expense Historical Data

The historical data trend for Ashantinkofa'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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Ashantinkofa Interest Expense Chart

Ashantinkofa Annual Data

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Interest Expense

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Ashantinkofa Quarterly Data
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Ashantinkofa 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 Nov. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Ashantinkofa (TSXV:ASI.H) 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.

Ashantinkofa's Interest Expense for the three months ended in Nov. 2021 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2021 was C$0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2021 was C$0.00 Mil.

Ashantinkofa's Interest Coverage for the quarter that ended in Nov. 2021 is calculated as

Ashantinkofa had no long-term debt ⁽¹⁾.

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

Ashantinkofa (TSXV:ASI.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ashanti Sankofa Inc (TSXV:ASI.H) » Definitions » Interest Expense

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Address

938 Howe Street, Suite 908, Vancouver, BC, CAN, V6Z 1N9

Website

http://www.ashantisankofa.com

Ashanti Sankofa Inc is a Canada based exploration and development stage company. It is engaged in the acquisition and exploration of mineral properties. The company is currently focused on gold exploration activity in West Africa. Its exploration and evaluation assets comprise the North Ashanti-Anuoro project.

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