Australian Vanadium (ASX:AVL) Interest Expense : A$-0.19 Mil (TTM As of Dec. 2023)

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What is Australian Vanadium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Australian Vanadium's interest expense for the six months ended in Dec. 2023 was A$ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.19 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. Australian Vanadium's Operating Income for the six months ended in Dec. 2023 was A$ -6.08 Mil. Australian Vanadium's Interest Expense for the six months ended in Dec. 2023 was A$ -0.08 Mil. Australian Vanadium 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.

Australian Vanadium Interest Expense Historical Data

The historical data trend for Australian Vanadium'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.

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Australian Vanadium Interest Expense Chart

Australian Vanadium Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-0.04

-0.01

-0.19

Australian Vanadium 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															-	-0.03	0.02	-0.08	-0.12

Australian Vanadium 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 A$-0.19 Mil.

Australian Vanadium (ASX:AVL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Australian Vanadium's Interest Expense for the six months ended in Dec. 2023 was A$-0.08 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-6.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$1.36 Mil.

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

Australian Vanadium did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Australian Vanadium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Vanadium Ltd (ASX:AVL) » Definitions » Interest Expense

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ATVVF:USA JT71:Germany

Address

50 Kings Park Road, Level 2, Perth, WA, AUS, 6005

Website

https://www.australianvanadium.com.au

Australian Vanadium Ltd is engaged in the exploration for vanadium/titanium and other economic resources and is also engaged in the development of vanadium electrolyte production and the sale of VRFB systems. The firm operates in two segments: Exploration and Energy storage. Its projects include The Australian Vanadium Project, Coates Project - Vanadium, PGE, Nickel, Blesberg Lithium-Tantalum, Nowthanna Hill Uranium & Vanadium.