GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Argentina Lithium & Energy Corp (TSXV:LIT) » Definitions » Interest Expense

Argentina Lithium & Energy (TSXV:LIT) Interest Expense : C$0.00 Mil (TTM As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Argentina Lithium & Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Argentina Lithium & Energy's interest expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Argentina Lithium & Energy's Operating Income for the three months ended in Sep. 2024 was C$ -2.87 Mil. Argentina Lithium & Energy's Interest Expense for the three months ended in Sep. 2024 was C$ 0.00 Mil. Argentina Lithium & Energy 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.


Argentina Lithium & Energy Interest Expense Historical Data

The historical data trend for Argentina Lithium & Energy'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.

Argentina Lithium & Energy Interest Expense Chart

Argentina Lithium & Energy 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 -0.01 - - - -

Argentina Lithium & Energy 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 - - - - -

Argentina Lithium & Energy 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$0.00 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.


Argentina Lithium & Energy  (TSXV:LIT) 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.

Argentina Lithium & Energy's Interest Expense for the three months ended in Sep. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-2.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.00 Mil.

Argentina Lithium & Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Argentina Lithium & Energy had no long-term debt (1).

* 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.

Good Sign:

Argentina Lithium & Energy Corp has no debt.


Argentina Lithium & Energy Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 411, Vancouver, BC, CAN, V6C 3N6
Argentina Lithium & Energy Corp is a natural resource company engaged in acquiring and exploring resource properties in the Americas and Argentina. Some of its projects are the Antofalla lithium project; Rincon West, Pocitos project, Antofalla North project, and the Incahuasi Lithium project.
Executives
David Andrew Terry Director
John Blundell Gammon Director
Joe Nicola Grosso Director
Marie Constance Lucette Norman Senior Officer

Argentina Lithium & Energy Headlines

From GuruFocus

Lithium ETF Hits 52-Week High

By Adam Lawrence Adam Lawrence 05-16-2017

Is the Lithium Sector Still Apealing?

By $$$ Christopher Malcolm 02-15-2017

Top 5 2nd Quarter Trades of Global Retirement Partners, LLC

By GuruFocus Research GuruFocus Editor 07-16-2022