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Havilah Resources (ASX:HAV) Interest Expense : A$-0.01 Mil (TTM As of Jan. 2024)


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What is Havilah Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Havilah Resources's interest expense for the six months ended in Jan. 2024 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was A$-0.01 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. Havilah Resources's Operating Income for the six months ended in Jan. 2024 was A$ 1.31 Mil. Havilah Resources's Interest Expense for the six months ended in Jan. 2024 was A$ -0.01 Mil. Havilah Resources's Interest Coverage for the quarter that ended in Jan. 2024 was 164.13. 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.


Havilah Resources Interest Expense Historical Data

The historical data trend for Havilah 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.

Havilah Resources Interest Expense Chart

Havilah Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 -0.16 -0.06 -0.02 -0.01

Havilah Resources Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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

Havilah 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.01 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.


Havilah Resources  (ASX:HAV) 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.

Havilah Resources's Interest Expense for the six months ended in Jan. 2024 was A$-0.01 Mil. Its Operating Income for the six months ended in Jan. 2024 was A$1.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was A$0.13 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*1.313/-0.008
=164.13

* 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.


Havilah Resources (ASX:HAV) Business Description

Traded in Other Exchanges
Address
107 Rundle Street, Kent Town, SA, AUS, 5067
Havilah Resources Ltd is a mineral exploration and development company. The company explores Gold, copper, cobalt, and other base metals. It is engaged in exploring its projects in South Australia. The company holds interests in the Kalkaroo copper-gold-molybdenum project, Mutooroo copper-cobalt-gold project, Maldorky iron ore project, Grants iron ore project, and Prospect Hill tin project.

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