Mayur Resources (ASX:MRL) Interest Expense : A$-1.34 Mil (TTM As of Dec. 2023)

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What is Mayur Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mayur Resources's interest expense for the six months ended in Dec. 2023 was A$ -0.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.34 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. Mayur Resources's Operating Income for the six months ended in Dec. 2023 was A$ -3.10 Mil. Mayur Resources's Interest Expense for the six months ended in Dec. 2023 was A$ -0.99 Mil. Mayur Resources 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.

Mayur Resources Interest Expense Historical Data

The historical data trend for Mayur 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.

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Mayur Resources Interest Expense Chart

Mayur Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.37

-0.35

Mayur Resources Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-0.13	-0.24	-	-0.35	-0.99

Mayur 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.34 Mil.

Mayur Resources (ASX:MRL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mayur Resources's Interest Expense for the six months ended in Dec. 2023 was A$-0.99 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-3.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$3.21 Mil.

Mayur Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Mayur Resources did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Mayur Resources (ASX:MRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mayur Resources Ltd (ASX:MRL) » Definitions » Interest Expense

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Address

300 Adelaide Street, Level 7, Brisbane, QLD, AUS, 4000

Website

https://www.mayurresources.com

Mayur Resources Ltd is engaged in mineral exploration, development, and energy activities in Papua New Guinea. Its segments include Iron and Industrial Sands, Cement and Lime, Coal & Power, Renewables and Corporate.

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