Great Atlantic Resources (TSXV:GR) Interest Expense : C$-0.04 Mil (TTM As of Nov. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Great Atlantic Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Atlantic Resources's interest expense for the three months ended in Nov. 2023 was C$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was C$-0.04 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. Great Atlantic Resources's Operating Income for the three months ended in Nov. 2023 was C$ -0.56 Mil. Great Atlantic Resources's Interest Expense for the three months ended in Nov. 2023 was C$ -0.02 Mil. Great Atlantic Resources 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.

Great Atlantic Resources Interest Expense Historical Data

The historical data trend for Great Atlantic 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.

* Premium members only.

Great Atlantic Resources Interest Expense Chart

Great Atlantic Resources Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Interest Expense

Get a 7-Day Free Trial

-0.02

-0.03

-0.02

Great Atlantic Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-	-0.01	-0.02

Great Atlantic 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Great Atlantic Resources (TSXV:GR) 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.

Great Atlantic Resources's Interest Expense for the three months ended in Nov. 2023 was C$-0.02 Mil. Its Operating Income for the three months ended in Nov. 2023 was C$-0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was C$0.26 Mil.

Great Atlantic Resources's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Great Atlantic Resources did not have earnings to cover the interest expense.

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

Great Atlantic Resources (TSXV:GR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Atlantic Resources Corp (TSXV:GR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PH02:Germany

Address

888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4

Website

https://www.greatatlanticresources.com

Great Atlantic Resources Corp is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in Atlantic Canada. Principally, the company explores for gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The company's New Brunswick project properties comprise kagoot brook, keymet, Macdougall road, and Porcupine.

Executives

Christopher Ross Anderson

10% Security Holder, Director

Great Atlantic Resources (TSXV:GR) Headlines

No Headlines