GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HyTerra Ltd (ASX:HYT) » Definitions » Interest Expense

HyTerra (ASX:HYT) Interest Expense : A$0.00 Mil (TTM As of Jun. 2023)


View and export this data going back to 2005. Start your Free Trial

What is HyTerra Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HyTerra'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. HyTerra's Operating Income for the six months ended in Jun. 2023 was A$ -0.85 Mil. HyTerra's Interest Expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. HyTerra 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.

HyTerra Interest Expense Historical Data

The historical data trend for HyTerra'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.

HyTerra Interest Expense Chart

HyTerra Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.04 -

HyTerra Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 - - -0.08 - -

HyTerra 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.

HyTerra  (ASX:HYT) 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.

HyTerra's Interest Expense for the six months ended in Jun. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-0.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.00 Mil.

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

HyTerra 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:

Ben Graham prefers companies' interest coverage to be at least 5. HyTerra Ltd has enough cash to cover all of its debt. Its financial situation is stable.

HyTerra (ASX:HYT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HyTerra Ltd (ASX:HYT) » Definitions » Interest Expense
Comparable Companies
ASX:PGY ASX:BLU ASX:NGY ASX:JPR ASX:TDO ASX:PV1 ASX:QEM ASX:CND ASX:D3E ASX:ROG COP HKSE:00883 TSX:CNQ EOG OXY HES MIC:NVTK ASX:WDS FANG DVN
Traded in Other Exchanges
HYTLF:USA
Address
335 Hay Street, Unit 9, SUBIACO, WA, AUS, 6011
Website
https://www.hyterra.com
HyTerra Ltd is dedicated to the exploration and production of natural hydrogen. Natural hydrogen is generated through naturally occurring processes in the subsurface. The company explores natural hydrogen by drilling wells in prospective regions around the world.