American Resources Corporation
Company Overview
American Resources Corporation is a supplier of raw materials that are essential to the global infrastructure and electrification marketplace. The company processes and sells metallurgical carbon and other raw materials used in steel and alloy manufacturing. They also focus on the extraction and processing of critical and rare earth minerals for the electrification market.
The company operates through two main divisions: The American Carbon division processes and sells metallurgical carbon used in steelmaking, while the American Minerals division focuses on critical and rare earth mineral processing for electrification.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2024 | $94019.0 | $6.61m | - | $249455.0 | 0.00% | 3.78% |
| Sept. 30, 2023 | $11.61m | $13.34m | - | $1.04m | 0.00% | 7.82% |
| June 30, 2023 | $3.93m | $21.41m | - | $605062.0 | 0.00% | 2.83% |
Company Impact
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