Atha Energy (TSXV:SASK) Interest Expense : C$0.00 Mil (TTM As of Sep. 2023)

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What is Atha Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atha Energy's interest expense for the three months ended in Sep. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$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. Atha Energy's Operating Income for the three months ended in Sep. 2023 was C$ -4.45 Mil. Atha Energy's Interest Expense for the three months ended in Sep. 2023 was C$ 0.00 Mil. Atha Energy 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.

Atha Energy Interest Expense Historical Data

The historical data trend for Atha Energy'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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Atha Energy Interest Expense Chart

Atha Energy Annual Data

Trend

Dec21

Dec22

Interest Expense

Atha Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
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Atha Energy 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Atha Energy (TSXV:SASK) 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.

Atha Energy's Interest Expense for the three months ended in Sep. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-4.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.00 Mil.

Atha Energy's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Atha Energy had no long-term debt ⁽¹⁾.

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

Good Sign:

Atha Energy Corp has no debt.

Atha Energy (TSXV:SASK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Atha Energy Corp (TSXV:SASK) » Definitions » Interest Expense

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SASKF:USA X5U:Germany

Address

1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1

Website

https://www.athaenergy.com

Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

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