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Alaska Silver (TSXV:WAM) Interest Expense : C$-0.17 Mil (TTM As of Dec. 2024)


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What is Alaska Silver Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alaska Silver's interest expense for the three months ended in Dec. 2024 was C$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.17 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. Alaska Silver's Operating Income for the three months ended in Dec. 2024 was C$ -1.38 Mil. Alaska Silver's Interest Expense for the three months ended in Dec. 2024 was C$ -0.04 Mil. Alaska Silver 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.


Alaska Silver Interest Expense Historical Data

The historical data trend for Alaska Silver'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.

Alaska Silver Interest Expense Chart

Alaska Silver Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
- -0.07 -0.08 -0.16 -0.17

Alaska Silver Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.05 -0.05 -0.04 -0.04 -0.04

Alaska Silver 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.17 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.


Alaska Silver  (TSXV:WAM) 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.

Alaska Silver's Interest Expense for the three months ended in Dec. 2024 was C$-0.04 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-1.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$3.19 Mil.

Alaska Silver's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Alaska Silver 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.


Alaska Silver Business Description

Traded in Other Exchanges
Address
3573 East Sunrise Drive, Suite 233, Tucson, AZ, USA, 85718
Western Alaska Minerals Corp is engaged in the mineral exploration and development business. The company is focused on exploring the Illinois Creek Mining District in Western Alaska. The group's projects include IC Oxide Gold, Round Top Project, Honker Project, Waterpump Creek and TG North. Its portfolio consists of mineral deposits namely gold, silver, copper, and zinc.
Executives
Christopher Marrs 10% Security Holder, Director, Senior Officer

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