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Torque Metals (ASX:TOR) Other Income (Expense) : A$0.25 Mil (TTM As of Dec. 2023)


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What is Torque Metals Other Income (Expense)?

Torque Metals's other income expense for the Torque Metals's pretax income for the six months ended in Dec. 2023 was A$0.17 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.25 Mil.


Torque Metals Other Income (Expense) Historical Data

The historical data trend for Torque Metals's Other Income (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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Torque Metals Other Income (Expense) Chart

Torque Metals Annual Data
Trend Jun21 Jun22 Jun23
Other Income (Expense)
0.05 - 0.21

Torque Metals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other Income (Expense) Get a 7-Day Free Trial 0.01 -0.01 0.12 0.09 0.17

Torque Metals Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (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$0.25 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.


Torque Metals  (ASX:TOR) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


Torque Metals (ASX:TOR) Business Description

Traded in Other Exchanges
N/A
Address
16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008
Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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