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Mt Malcolm Mines NL (ASX:M2M) Interest Expense : A$-0.01 Mil (TTM As of Dec. 2023)


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What is Mt Malcolm Mines NL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mt Malcolm Mines NL's interest expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Mt Malcolm Mines NL's Operating Income for the six months ended in Dec. 2023 was A$ -0.60 Mil. Mt Malcolm Mines NL's Interest Expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Mt Malcolm Mines NL 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.


Mt Malcolm Mines NL Interest Expense Historical Data

The historical data trend for Mt Malcolm Mines NL'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.

Mt Malcolm Mines NL Interest Expense Chart

Mt Malcolm Mines NL Annual Data
Trend Jun22 Jun23
Interest Expense
-0.01 -

Mt Malcolm Mines NL Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense - - - - -0.01

Mt Malcolm Mines NL 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 Dec. 2023 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.


Mt Malcolm Mines NL  (ASX:M2M) 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.

Mt Malcolm Mines NL's Interest Expense for the six months ended in Dec. 2023 was A$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.04 Mil.

Mt Malcolm Mines NL's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Mt Malcolm Mines NL 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.


Mt Malcolm Mines NL (ASX:M2M) Business Description

Traded in Other Exchanges
N/A
Address
8 Sarich Court, Osborne Park, Perth, WA, AUS, 6017
Mt Malcolm Mines NL is a gold-focused exploration company. Its key project is the Malcolm Project located in the Mt Malcolm District of the Mt Margaret Mineral Field in Western Australia. The firm is organised into two operating segments, which is corporate and exploration operations.

Mt Malcolm Mines NL (ASX:M2M) Headlines

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