Alpha Exploration (TSXV:ALEX) Interest Expense : C$-0.01 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Alpha Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alpha Exploration'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$-0.01 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. Alpha Exploration's Operating Income for the three months ended in Mar. 2024 was C$ -0.34 Mil. Alpha Exploration's Interest Expense for the three months ended in Mar. 2024 was C$ -0.00 Mil. Alpha Exploration 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.

Alpha Exploration Interest Expense Historical Data

The historical data trend for Alpha Exploration'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.

Alpha Exploration Interest Expense Chart

Alpha Exploration Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.03

-0.02

-0.01

Alpha Exploration Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial									-0.01	-0.01	-	-	-

Alpha Exploration 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$-0.01 Mil.

Alpha Exploration (TSXV:ALEX) 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.

Alpha Exploration's Interest Expense for the three months ended in Mar. 2024 was C$-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Alpha Exploration's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Alpha Exploration did not have earnings to cover the interest expense.

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

Alpha Exploration (TSXV:ALEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alpha Exploration Ltd (TSXV:ALEX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

J0C:Germany

Address

Wickams Cay 1, Tortola, 3rd Floor, Omar Hodge Building, P.O. Box 362, Tortola, Road Town, VGB

Website

https://alpha-exploration.com

Alpha Exploration Ltd is an exploration company focused on the discovery of gold and base metals deposits. It operates in a single project Kerkasha, which is located in Eritrea.

Executives

Berhane Soquar

Director or Senior Officer of 10% Security Holder