South Atlantic Gold (TSXV:SAO) Interest Expense : C$0.00 Mil (TTM As of Nov. 2024)

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What is South Atlantic Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South Atlantic Gold's interest expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 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. South Atlantic Gold's Operating Income for the three months ended in Nov. 2024 was C$ -0.08 Mil. South Atlantic Gold's Interest Expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. South Atlantic Gold 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.

South Atlantic Gold Interest Expense Historical Data

The historical data trend for South Atlantic 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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South Atlantic Gold Interest Expense Chart

South Atlantic Gold Annual Data

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Interest Expense

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South Atlantic Gold Quarterly Data
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South Atlantic 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

South Atlantic Gold (TSXV:SAO) 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.

South Atlantic Gold's Interest Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was C$0.00 Mil.

South Atlantic Gold's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

South Atlantic Gold had no long-term debt ⁽¹⁾.

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

Good Sign:

South Atlantic Gold Inc has no debt.

South Atlantic Gold Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Atlantic Gold Inc (TSXV:SAO) » Definitions » Interest Expense

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JLRRF:USA

Address

1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.southatlanticgold.com

South Atlantic Gold Inc is primarily engaged in the acquisition, exploration, and development of mineral properties located in Brazil and Canada. The company's current properties include the Pendra Branca Project in Brazil and the Bigg Kidd project currently under the option and located in British Columbia.

Executives

William Richard Brown	Director
Bruce Higson-smith	Director

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