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Marula Mining (AQSE:MARU) Interest Expense : £-0.21 Mil (TTM As of Dec. 2023)


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What is Marula Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marula Mining's interest expense for the six months ended in Dec. 2023 was £ -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.21 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. Marula Mining's Operating Income for the six months ended in Dec. 2023 was £ -2.60 Mil. Marula Mining's Interest Expense for the six months ended in Dec. 2023 was £ -0.21 Mil. Marula 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.


Marula Mining Interest Expense Historical Data

The historical data trend for Marula 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.

Marula Mining Interest Expense Chart

Marula Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - - - -0.21

Marula Mining Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial - - - - -0.21

Marula Mining Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.21 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.


Marula Mining  (AQSE:MARU) 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.

Marula Mining's Interest Expense for the six months ended in Dec. 2023 was £-0.21 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-2.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.71 Mil.

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

Marula 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.


Marula Mining Business Description

Traded in Other Exchanges
Address
C/O Memery Crystal LLP, 165 Fleet Street, Memery Crystal, London, GBR, EC4A 2DY
Marula Mining PLC is an African focused mining and exploration company. It focuses on identifying and targeting investments in near-term production and revenue generating opportunities within Africa's mining sector. It engages in the acquisition of several lithium, tantalum, niobium, graphite and tin, and other base metals projects. The company is engaged in various projects which are Blesberg Lithium and Tantalum Mine project and Nkombwa Hill Niobium, Tantalum, Rare Earths and Phosphate project.

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