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African Pioneer (LSE:AFP) Interest Expense : £0.00 Mil (TTM As of Dec. 2023)


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What is African Pioneer Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. African Pioneer's interest expense for the six months ended in Dec. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £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. African Pioneer's Operating Income for the six months ended in Dec. 2023 was £ -0.36 Mil. African Pioneer's Interest Expense for the six months ended in Dec. 2023 was £ 0.00 Mil. African Pioneer 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.


African Pioneer Interest Expense Historical Data

The historical data trend for African Pioneer'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.

African Pioneer Interest Expense Chart

African Pioneer Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - -0.01 - - -

African Pioneer Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

African Pioneer 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 £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.


African Pioneer  (LSE:AFP) 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.

African Pioneer's Interest Expense for the six months ended in Dec. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.00 Mil.

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

African Pioneer 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:

African Pioneer PLC has no debt.


African Pioneer (LSE:AFP) Business Description

Traded in Other Exchanges
Address
19-21 Circular Road, Douglas, IMN, IM1 1AF
African Pioneer PLC is engaged in exploring opportunities within the natural resources sector in Sub-Saharan Africa, with a focus on base and precious metals including but not limited to copper, nickel, and zinc. The company' tends to enhance the value of its mineral resource Projects located in Namibia, Zambia, and Botswana through exploration and technical studies conducted by the company or through a joint venture or other arrangements to establish the Projects.

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