GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Augusta Gold Corp (OTCPK:AUGG) » Definitions » Interest Expense

Augusta Gold (Augusta Gold) Interest Expense : $-2.60 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Augusta Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Augusta Gold's interest expense for the three months ended in Mar. 2024 was $ -0.67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.60 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. Augusta Gold's Operating Income for the three months ended in Mar. 2024 was $ -1.14 Mil. Augusta Gold's Interest Expense for the three months ended in Mar. 2024 was $ -0.67 Mil. Augusta Gold 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.


Augusta Gold Interest Expense Historical Data

The historical data trend for Augusta Gold'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.

Augusta Gold Interest Expense Chart

Augusta Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.06 - -0.72 -2.55

Augusta Gold 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 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 -0.63 -0.63 -0.64 -0.65 -0.67

Augusta Gold 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 $-2.60 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.


Augusta Gold  (OTCPK:AUGG) 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.

Augusta Gold's Interest Expense for the three months ended in Mar. 2024 was $-0.67 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Augusta Gold's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Augusta Gold 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.


Augusta Gold (Augusta Gold) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1
Augusta Gold Corp is an exploration-stage company. The company is primarily engaged in the acquisition and exploration of gold properties. It operates Bullfrog Project, located in Beatty town of Las Vegas, Nevada.
Executives
Augusta Investments Inc. 10 percent owner SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Daniel Earle director C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Thomas A. Ladner officer: VP, Legal C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Richard W Warke director, 10 percent owner, officer: Executive Chairman SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
James Robert Wickens officer: Vice President, Operations C/O AUGUSTA GOLD CORP., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Lynette Gould officer: Sr. VP, Inv Rel & Corp Dev C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Scott Burkett officer: VP, Exploration C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Johnny Pappas officer: VP, Environmental & Permitting C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Michael Mcclelland officer: Chief Financial Officer C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Maryse Belanger director, officer: President C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Poonam Puri director C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Lenard F. Boggio director C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
Purni Parikh officer: SR VP, Corp Affairs & Secr C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1
John A. Boehner director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
William Robert Morgan officer: VP, Capital Projects C/O AUGUSTA INVESTMENTS INC., SUITE 555, 999 CANADA PLACE, VANCOUVER A1 V6C 3E1

Augusta Gold (Augusta Gold) Headlines

From GuruFocus

Augusta Gold Closes C$17 Million Private Placement

By PRNewswire PRNewswire 03-05-2021

Augusta Gold Appoints Jim Wickens as VP Operations

By PRNewswire PRNewswire 06-21-2022

Augusta Gold Appoints Jim Wickens as VP Operations

By PRNewswire PRNewswire 07-11-2022

AUGUSTA GOLD ANNOUNCES AGM DATE

By PRNewswire 06-30-2023

AUGUSTA GOLD CLOSES ACQUISITION OF THE REWARD PROJECT

By PRNewswire PRNewswire 06-24-2022

AUGUSTA GOLD CLOSES ACQUISITION OF THE REWARD PROJECT

By PRNewswire PRNewswire 07-14-2022