What is American Resources Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Resources's interest expense for the
three
months ended in Mar. 2024 was $ -0.25 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.01 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. American Resources's Operating Income for the
three
months ended in Mar. 2024 was $ -6.72 Mil. American Resources's Interest Expense for the
three
months ended in Mar. 2024 was $ -0.25 Mil.
American 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.
American 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 $-1.01 Mil.
* 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.
American Resources (NAS:AREC) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
American Resources's Interest Expense for the
three
months ended in Mar. 2024 was $-0.25 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $-6.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $198.40 Mil.
American Resources's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| American Resources 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.
American Resources (American Resources) Business Description
Traded in Other Exchanges
N/A
Address
12115 Visionary Way, Fishers, IN, USA, 46038
American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.
Executives
| Kirk Patrick Taylor |
10 percent owner, officer: Chief Financial Officer |
8856 SOUTH STREET, FISHERS IN 46038 |
| Mark C. Jensen |
director, 10 percent owner, officer: Chief Executive Officer |
8856 SOUTH STREET, FISHERS IN 46038 |
| Golden Properties Ltd. |
10 percent owner |
#500, 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3 |
| Thomas M. Sauve |
director, 10 percent owner, officer: President |
8856 SOUTH STREET, FISHERS IN 46038 |
| Gerardine G. Botte |
director |
12115 VISIONARY WAY, SUITE 174, FISHERS IN 456038 |
| Michael G. Layman |
director |
7583 WILD MINT COURT, WESTERVILLE OH 43082 |
| Randal V. Stephenson |
director |
35 EAST 84TH STREET, APT. 4C, NEW YORK NY 10028 |
| Taplin Courtenay O. |
director |
9370 METCALF ROAD, WAITE HILL OH 44094 |
| Ian Sadler |
director |
10760 ELDORADO CIRCLE, NOBLESVILLE IN 46060 |
| Tarlis Thompson |
officer: Chief Operating Officer |
PO BOX 606, FISHERS IN 46038 |
| William D Bishop |
director |
8856 SOUTH STREET, FISHERS IN 46038 |
| James C New |
director |
7289 GARDEN RD, SUITE 200, RIVIERA BEACH FL 33404 |
| High Tech Fueling, Service & Distribution, Inc. |
other: Corporation with common owners |
7135 COLLINS AVENUE, SUITE 624, MIAMI BEACH FL 33141 |
| Goran Antic |
10 percent owner |
7135 COLLINS AVE NO. 1234, MIAMI BEACH FL 33141 |
| Indrajith Andrew Weeraratne |
director, 10 percent owner, officer: Chief Executive Officer |
7135 COLLINS AVE NO.624, MIAMI BEACH FL 33141 |
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