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Samco Gold (TSXV:SGA.H) Interest Expense : C$-0.09 Mil (TTM As of Dec. 2021)


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What is Samco Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Samco Gold's interest expense for the three months ended in Dec. 2021 was C$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was C$-0.09 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. Samco Gold's Operating Income for the three months ended in Dec. 2021 was C$ -0.06 Mil. Samco Gold's Interest Expense for the three months ended in Dec. 2021 was C$ -0.03 Mil. Samco Gold 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.


Samco Gold Interest Expense Historical Data

The historical data trend for Samco 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.

* Premium members only.

Samco Gold Interest Expense Chart

Samco Gold Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.04 -0.06 -0.08 -0.10

Samco Gold Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -0.02 -0.02 -0.02 -0.02 -0.03

Samco 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 Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.09 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.


Samco Gold  (TSXV:SGA.H) 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.

Samco Gold's Interest Expense for the three months ended in Dec. 2021 was C$-0.03 Mil. Its Operating Income for the three months ended in Dec. 2021 was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was C$0.00 Mil.

Samco Gold's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Samco Gold 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.


Samco Gold (TSXV:SGA.H) Business Description

Traded in Other Exchanges
N/A
Address
88 Crawford Street, London, GBR, W1H 2EJ
Samco Gold Ltd is engaged in the acquisition, exploration and development of precious metals properties in Argentina. The company has discontinued its operations and is currently refocusing its business objectives on new lines of business.

Samco Gold (TSXV:SGA.H) Headlines

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