Acme Gold Co (XCNQ:AGE) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Acme Gold Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acme Gold Co's interest expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Acme Gold Co's Operating Income for the three months ended in Mar. 2024 was C$ -0.02 Mil. Acme Gold Co's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Acme Gold Co 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.

Acme Gold Co Interest Expense Historical Data

The historical data trend for Acme Gold Co'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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Acme Gold Co Interest Expense Chart

Acme Gold Co Annual Data

Trend

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Interest Expense

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

Acme Gold Co (XCNQ:AGE) 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.

Acme Gold Co's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Acme Gold Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Acme Gold Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Acme Gold Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Acme Gold Co (XCNQ:AGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Acme Gold Co Ltd (XCNQ:AGE) » Definitions » Interest Expense

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Address

992 East 13th Avenue, Vancouver, BC, CAN, V5T 2L6

Website

Acme Gold Co Ltd is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lemon Lake Property.