Altair Resources (TSXV:AVX) Interest Expense: C$-0.04 Mil (TTM As of Dec. 2025)


What is Altair Resources Interest Expense?

Altair Resources TSXV:AVX Interest Expense is C$-0.04 Mil as of Dec. 2025.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altair Resources's interest expense for the three months ended in Dec. 2025 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2025 was C$-0.04 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. Altair Resources's Operating Income for the three months ended in Dec. 2025 was C$ -0.07 Mil. Altair Resources's Interest Expense for the three months ended in Dec. 2025 was C$ -0.01 Mil. Altair 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.

Altair Resources  (TSXV:AVX) 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.

Altair Resources's Interest Expense for the three months ended in Dec. 2025 was C$-0.01 Mil. Its Operating Income for the three months ended in Dec. 2025 was C$-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2025 was C$0.00 Mil.

Altair Resources's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Altair 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.

Altair Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Altair 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.

Altair Resources Interest Expense Chart

Altair Resources Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.03 -0.04 -0.03 -0.04

Altair Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.01 -0.01 -0.01 -0.01 -0.01

Altair 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 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 C$-0.04 Mil mean?
Altair Resources (TSXV:AVX) has a Interest Expense of C$-0.04 Mil as of Dec. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Altair Resources and its competitors.
Is Altair Resources' Interest Expense too high?
Altair Resources' current Interest Expense is C$-0.04 Mil.
How does Altair Resources' Interest Expense compare to competitors?
Altair Resources' Interest Expense of C$-0.04 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Interest Expense depends on the Metals & Mining 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 Altair Resources and its competitors. Altair Resources's current Interest Expense is C$-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altair Resources stock overvalued right now?
Altair Resources (TSXV:AVX) has a current Interest Expense of C$-0.04 Mil. The current Interest Expense is C$-0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Altair Resources (TSXV:AVX), the current Interest Expense is C$-0.04 Mil as of Dec. 2025. 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.

Altair Resources Business Description

Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Altair Resources Inc is a Canada-based junior mineral exploration company. It is engaged in the business of acquiring, exploring, developing, and exploiting natural resource properties in British Columbia, Canada.