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Akita Drilling (TSX:AKT.A) Other Income (Expense) : C$10.5 Mil (TTM As of Sep. 2024)


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What is Akita Drilling Other Income (Expense)?

Akita Drilling's other income expense for the Akita Drilling's pretax income for the three months ended in Sep. 2024 was C$2.6 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$10.5 Mil.

Akita Drilling Other Income (Expense) Historical Data

The historical data trend for Akita Drilling's Other Income (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.

Akita Drilling Other Income (Expense) Chart

Akita Drilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 -79.54 2.56 5.97 10.85

Akita Drilling Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Other Income (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 3.75 1.00 4.39 2.58 2.56

Akita Drilling Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$10.5 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.

Akita Drilling  (TSX:AKT.A) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Akita Drilling Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akita Drilling Ltd (TSX:AKT.A) » Definitions » Other Income (Expense)
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Traded in Other Exchanges
AKTAF:USA 774:Germany AKT.B:Canada
Address
333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Website
https://www.akita-drilling.com
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, mainly to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.

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