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Euro Manganese (ASX:EMN) Interest Expense : A$-1.28 Mil (TTM As of Mar. 2024)


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What is Euro Manganese Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euro Manganese's interest expense for the three months ended in Mar. 2024 was A$ -0.95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was A$-1.28 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. Euro Manganese's Operating Income for the three months ended in Mar. 2024 was A$ -5.63 Mil. Euro Manganese's Interest Expense for the three months ended in Mar. 2024 was A$ -0.95 Mil. Euro Manganese 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.


Euro Manganese Interest Expense Historical Data

The historical data trend for Euro Manganese'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.

Euro Manganese Interest Expense Chart

Euro Manganese Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Expense
Get a 7-Day Free Trial -0.10 -0.07 -0.11 -0.02 -0.03

Euro Manganese Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -0.32 -0.95

Euro Manganese 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 A$-1.28 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.


Euro Manganese  (ASX:EMN) 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.

Euro Manganese's Interest Expense for the three months ended in Mar. 2024 was A$-0.95 Mil. Its Operating Income for the three months ended in Mar. 2024 was A$-5.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was A$29.68 Mil.

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

Euro Manganese 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.


Euro Manganese (ASX:EMN) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8
Euro Manganese Inc is a Canada-based mineral exploration company. It is mainly engaged in the evaluation and development of the Chvaletice manganese project for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate ("HPMSM") and other high-purity manganese products.

Euro Manganese (ASX:EMN) Headlines