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Anglo Asian Mining (AQSE:AAZ.GB) Interest Expense : £-1.84 Mil (TTM As of Jun. 2024)


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What is Anglo Asian Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anglo Asian Mining's interest expense for the six months ended in Jun. 2024 was £ -0.97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-1.84 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. Anglo Asian Mining's Operating Income for the six months ended in Jun. 2024 was £ -3.72 Mil. Anglo Asian Mining's Interest Expense for the six months ended in Jun. 2024 was £ -0.97 Mil. Anglo Asian Mining 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.


Anglo Asian Mining Interest Expense Historical Data

The historical data trend for Anglo Asian Mining'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.

Anglo Asian Mining Interest Expense Chart

Anglo Asian Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.42 -0.49 -0.66 -1.45

Anglo Asian Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.29 -0.37 -0.58 -0.87 -0.97

Anglo Asian Mining 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.84 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.


Anglo Asian Mining  (AQSE:AAZ.GB) 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.

Anglo Asian Mining's Interest Expense for the six months ended in Jun. 2024 was £-0.97 Mil. Its Operating Income for the six months ended in Jun. 2024 was £-3.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £5.30 Mil.

Anglo Asian Mining's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Anglo Asian Mining 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.


Anglo Asian Mining Business Description

Traded in Other Exchanges
Address
2 Izmir Street, 3rd Floor, Tower 2, Hyatt Regency Business Centre, Baku, AZE, AZ1065
Anglo Asian Mining PLC owns and operates gold, silver, and copper producing properties in the Republic of Azerbaijan. It has a substantial portfolio of greenfield assets in areas such as Gilar, Zafar, Xarxar, Garadag, and others all of them hosting substantial ore deposits. The company's mining operations mainly comprise its producing assets, the Gedabek and Gadir mines, and related exploration and development at its Gedabek mining concession. Its revenue consists of sales to third parties of gold contained within dore, gold and silver bullion to its refiners, and gold and copper concentrate. Key revenue is generated from the sales of gold within dore and gold bullion.

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