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Apollo Silver (FRA:6ZF0) Interest Coverage : 0 (At Loss) (As of Feb. 2024)


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What is Apollo Silver Interest Coverage?

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 by its Interest Expense. Apollo Silver's Operating Income for the three months ended in Feb. 2024 was €-0.47 Mil. Apollo Silver's Interest Expense for the three months ended in Feb. 2024 was €-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Apollo Silver's Interest Coverage or its related term are showing as below:


FRA:6ZF0's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Apollo Silver Interest Coverage Historical Data

The historical data trend for Apollo Silver's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Apollo Silver Interest Coverage Chart

Apollo Silver Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt N/A -

Apollo Silver Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
Interest Coverage 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 - - - - -

Competitive Comparison of Apollo Silver's Interest Coverage

For the Silver subindustry, Apollo Silver's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apollo Silver's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Apollo Silver's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Apollo Silver's Interest Coverage falls into.



Apollo Silver Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Apollo Silver's Interest Coverage for the fiscal year that ended in Nov. 2022 is calculated as

Here, for the fiscal year that ended in Nov. 2022, Apollo Silver's Interest Expense was €-0.03 Mil. Its Operating Income was €-9.08 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.11 Mil.

Apollo Silver did not have earnings to cover the interest expense.

Apollo Silver's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Apollo Silver's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.06 Mil.

Apollo Silver 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.


Apollo Silver  (FRA:6ZF0) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Apollo Silver Interest Coverage Related Terms

Thank you for viewing the detailed overview of Apollo Silver's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Silver (FRA:6ZF0) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3
Apollo Silver Corp is exploration and development company in the U.S. The Company, together with its subsidiaries, is a mineral exploration and development group focused on advancing its portfolio of two silver exploration and resource development projects in the United States. The adjacent Waterloo and Langtry Projects are located in the historic Calico Silver Mining District, California. The Arizona Silver District Project is located in a historic silver mining district in southwestern Arizona. Geographically, the company operates in Canada and United States.

Apollo Silver (FRA:6ZF0) Headlines

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