Alpha Metallurgical Resources (Alpha Metallurgical Resources) Interest Expense : $-6 Mil (TTM As of Mar. 2024)

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What is Alpha Metallurgical Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alpha Metallurgical Resources's interest expense for the three months ended in Mar. 2024 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-6 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 Metallurgical Resources's Operating Income for the three months ended in Mar. 2024 was $ 142 Mil. Alpha Metallurgical Resources's Interest Expense for the three months ended in Mar. 2024 was $ -1 Mil. Alpha Metallurgical Resources's Interest Coverage for the quarter that ended in Mar. 2024 was 130.64. 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 Metallurgical Resources Interest Expense Historical Data

The historical data trend for Alpha Metallurgical 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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Alpha Metallurgical Resources Interest Expense Chart

Alpha Metallurgical Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-67.52

-74.53

-69.65

-21.80

-6.92

Alpha Metallurgical Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.72	-1.86	-1.75	-1.60	-1.09

Alpha Metallurgical 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 $-6 Mil.

Alpha Metallurgical Resources (NYSE:AMR) 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 Metallurgical Resources's Interest Expense for the three months ended in Mar. 2024 was $-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $142 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $6 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	141.878	/	-1.086
	=	130.64

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Alpha Metallurgical Resources Inc has enough cash to cover all of its debt. Its financial situation is stable.

Alpha Metallurgical Resources (Alpha Metallurgical Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alpha Metallurgical Resources Inc (NYSE:AMR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

340 Martin Luther King Jr. Boulevard, Bristol, TN, USA, 37620

Website

https://www.alphametresources.com

Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.

Executives

David J. Stetson	director	C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Daniel E. Horn	officer: Executive Vice President-Sales	C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Jason E. Whitehead	officer: Chief Operating Officer	C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Roger Lee Nicholson	officer: EVP, Gen. Counsel & Secretary	C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Baker De Neufville Joanna	director	340 MARTIN LUTHER KING JR BLVD, BRISTOL TN 37620
Michael Gorzynski	director, other: See Remarks	595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental General Holdings Llc	other: See Remarks	11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Mg Capital Management Ltd.	other: See Remarks	C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Percy Rockdale Llc	other: See Remarks	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Continental Insurance Group, Ltd.	other: See Remarks	11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental General Insurance Co	other: See Remarks	11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Joshua Todd Munsey	officer: Chief Financial Officer	340 MARTIN LUTHER KING BOULEVARD, BRISTOL TN 37620
Elizabeth Anne Fessenden	director	1137 WEST AVENUE, RICHMOND VA 23220
Scott D. Vogel	director	885 PARK AVENUE, NEW YORK NY 10075
Charles Andrew Eidson	officer: Chief Financial Officer	ONE ALPHA PLACE, P.O. BOX 16429, BRISTOL VA 24209