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Enova Mining (ASX:ENV) Interest Expense : A$0.00 Mil (TTM As of Jun. 2023)


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What is Enova Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enova Mining's interest expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was A$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. Enova Mining's Operating Income for the six months ended in Jun. 2023 was A$ -0.12 Mil. Enova Mining's Interest Expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. Enova Mining 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.


Enova Mining Interest Expense Historical Data

The historical data trend for Enova Mining'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.

Enova Mining Interest Expense Chart

Enova Mining 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 -0.36 -0.14 -0.04 -0.03 -

Enova Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.03 -0.03 - - -

Enova Mining 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.


Enova Mining  (ASX:ENV) 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.

Enova Mining's Interest Expense for the six months ended in Jun. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.00 Mil.

Enova Mining's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Enova Mining had no long-term debt (1).

* 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.

Good Sign:

Enova Mining Ltd has no debt.


Enova Mining (ASX:ENV) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, 360 Collins Street, Melbourne, VIC, AUS, 3000
Enova Mining Ltd is an Australian company engaged in the exploration for rare earth elements (REE) in the Northern Territory. The company is focused on the Charley Creek project which is located in the Northern Territory, around 110 km north-west of Alice Springs, off the Tanami road. The company is organized into one operating segment, being mining and exploration operations.