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Aldebaran Resources (TSXV:ALDE) Interest Expense : C$-0.02 Mil (TTM As of Mar. 2024)


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What is Aldebaran Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aldebaran Resources's interest expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.02 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. Aldebaran Resources's Operating Income for the three months ended in Mar. 2024 was C$ -0.62 Mil. Aldebaran Resources's Interest Expense for the three months ended in Mar. 2024 was C$ -0.01 Mil. Aldebaran 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.


Aldebaran Resources Interest Expense Historical Data

The historical data trend for Aldebaran 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.

* Premium members only.

Aldebaran Resources Interest Expense Chart

Aldebaran Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -0.03 -0.03 -0.03 -0.05 -0.02

Aldebaran 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 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 -0.01 0.01 -0.01 -0.01 -0.01

Aldebaran 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 C$-0.02 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.


Aldebaran Resources  (TSXV:ALDE) 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.

Aldebaran Resources's Interest Expense for the three months ended in Mar. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

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

Aldebaran 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.


Aldebaran Resources (TSXV:ALDE) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Aldebaran Resources Inc is a Canadian mineral exploration company. Aldebaran has the right to earn from the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater. Altar hosts a large porphyry copper-gold system with mineralization currently defined in three distinct zones and forms part of a cluster of porphyry copper deposits which includes Los Pelambres (Antofagasta Minerals), El Pachon (Glencore), and Los Azules (McEwen Mining). The firm is focused on the Altar project with a view to discovering new zones with higher-grade mineralization.
Executives
Gordon Patrick Leask Director

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