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American Pacific Mining (XCNQ:USGD) Interest Expense : C$-0.42 Mil (TTM As of Dec. 2023)


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What is American Pacific Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Pacific Mining's interest expense for the three months ended in Dec. 2023 was C$ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.42 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. American Pacific Mining's Operating Income for the three months ended in Dec. 2023 was C$ -3.83 Mil. American Pacific Mining's Interest Expense for the three months ended in Dec. 2023 was C$ -0.15 Mil. American Pacific Mining 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.


American Pacific Mining Interest Expense Historical Data

The historical data trend for American Pacific Mining'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.

American Pacific Mining Interest Expense Chart

American Pacific Mining Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - - - -0.42

American Pacific Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -0.08 -0.20 -0.15

American Pacific Mining 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.42 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.


American Pacific Mining  (XCNQ:USGD) 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.

American Pacific Mining's Interest Expense for the three months ended in Dec. 2023 was C$-0.15 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-3.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.77 Mil.

American Pacific Mining's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

American Pacific Mining 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.


American Pacific Mining (XCNQ:USGD) Business Description

Traded in Other Exchanges
Address
510 Burrard Street, Suite 910, Vancouver, BC, CAN, V6C 3A8
American Pacific Mining Corp is engaged in the business of mineral exploration and development. The company's only reportable segment is the exploration and evaluation of mineral properties. Its project holdings include Tuscarora located in Nevada, USA, South Lida located in the south-central part of Esmeralda County, Nevada, and Gooseberry project.
Executives
Joness Lang Director, Senior Officer

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