Argos Resources (Argos Resources) Interest Expense : $0.00 Mil (TTM As of Jun. 2022)

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What is Argos Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Argos Resources's interest expense for the six months ended in Jun. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $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. Argos Resources's Operating Income for the six months ended in Jun. 2022 was $ -0.09 Mil. Argos Resources's Interest Expense for the six months ended in Jun. 2022 was $ 0.00 Mil. Argos 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.

Argos Resources Interest Expense Historical Data

The historical data trend for Argos 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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Argos Resources Interest Expense Chart

Argos Resources Annual Data

Trend

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Interest Expense

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Argos Resources Semi-Annual Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Argos 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 Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Argos Resources (OTCPK:AORGF) 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.

Argos Resources's Interest Expense for the six months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2022 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was $0.00 Mil.

Argos Resources's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

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

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

Argos Resources (Argos Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Argos Resources Ltd (OTCPK:AORGF) » Definitions » Interest Expense

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Address

H Jones Road, Argos House, Stanley, FLK, FIQQ 1ZZ

Website

http://www.argosresources.com

Argos Resources Ltd is an oil and gas exploration company based in the Falkland Islands. Its principal asset is a 100 percent interest in production licence PL001 covering an area of approximately 1,126 square kilometres in the North Falkland Basin.

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