Altai Resources (TSXV:ATI) Interest Expense : C$0.00 Mil (TTM As of Mar. 2024)

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What is Altai Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altai Resources'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. Altai Resources's Operating Income for the three months ended in Mar. 2024 was C$ -0.05 Mil. Altai Resources's Interest Expense for the three months ended in Mar. 2024 was C$ 0.00 Mil. Altai Resources 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.

Altai Resources Interest Expense Historical Data

The historical data trend for Altai Resources'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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Altai Resources Interest Expense Chart

Altai Resources Annual Data

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Interest Expense

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Altai Resources Quarterly Data
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Altai Resources 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.

Altai Resources (TSXV:ATI) 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.

Altai Resources's Interest Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Altai Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Altai Resources Inc has no debt.

Altai Resources (TSXV:ATI) Business Description

Industry

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ARSEF:USA

Address

895 Don Mills Road, Suite 900, Two Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3

Website

http://www.altairesources.com

Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.

Executives

Maria Pui-ching Au

Senior Officer