Ajax Resources (AQSE:AJAX) Interest Expense: £0.00 Mil (TTM As of Aug. 2024)

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What is Ajax Resources Interest Expense?

Ajax Resources AQSE:AJAX -10.53% Interest Expense is £0.00 Mil as of Aug. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ajax Resources's interest expense for the six months ended in Aug. 2024 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 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. Ajax Resources's Operating Income for the six months ended in Aug. 2024 was £ -0.10 Mil. Ajax Resources's Interest Expense for the six months ended in Aug. 2024 was £ 0.00 Mil. Ajax Resources 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.


Ajax Resources  (AQSE:AJAX) 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.

Ajax Resources's Interest Expense for the six months ended in Aug. 2024 was £0.00 Mil. Its Operating Income for the six months ended in Aug. 2024 was £-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2024 was £0.00 Mil.

Ajax Resources's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Ajax Resources 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.


Ajax Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Ajax 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.

Ajax Resources Interest Expense Chart

Ajax Resources Annual Data
Trend Feb22 Feb23 Feb24
Interest Expense
0.00 0.00 0.00

Ajax Resources Semi-Annual Data
Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ajax 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 Aug. 2024 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £0.00 Mil mean?
Ajax Resources (AQSE:AJAX) has a Interest Expense of £0.00 Mil as of Aug. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ajax Resources and its competitors.
Is Ajax Resources' Interest Expense too high?
Ajax Resources' current Interest Expense is £0.00 Mil.
How does Ajax Resources' Interest Expense compare to AGLY and CCCX?
Ajax Resources' Interest Expense of £0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ajax Resources and its competitors. Ajax Resources's current Interest Expense is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Resources stock overvalued right now?
Ajax Resources (AQSE:AJAX) has a current Interest Expense of £0.00 Mil. The current Interest Expense is £0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Ajax Resources (AQSE:AJAX), the current Interest Expense is £0.00 Mil as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ajax Resources Business Description

Address London Wall, Salisbury House, London, GBR, EC2M 5PS
Ajax Resources PLC is focused on identifying, acquiring, and advancing assets with exposure to copper, gold, zinc, uranium, and lead.