Beacon Minerals (ASX:BCN) Interest Expense : A$-0.97 Mil (TTM As of Jun. 2024)

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What is Beacon Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beacon Minerals's interest expense for the six months ended in Jun. 2024 was A$ -0.60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.97 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. Beacon Minerals's Operating Income for the six months ended in Jun. 2024 was A$ 0.80 Mil. Beacon Minerals's Interest Expense for the six months ended in Jun. 2024 was A$ -0.60 Mil. Beacon Minerals's Interest Coverage for the quarter that ended in Jun. 2024 was 1.33. 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.

Beacon Minerals Interest Expense Historical Data

The historical data trend for Beacon Minerals'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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Beacon Minerals Interest Expense Chart

Beacon Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-3.05

-1.82

-0.41

-0.03

-0.26

Beacon Minerals 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															-0.41	-0.52	0.49	-0.37	-0.60

Beacon Minerals 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 A$-0.97 Mil.

Beacon Minerals (ASX:BCN) 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.

Beacon Minerals's Interest Expense for the six months ended in Jun. 2024 was A$-0.60 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$6.71 Mil.

Beacon Minerals's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	0.804	/	-0.603
	=	1.33

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

Beacon Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Beacon Minerals Ltd (ASX:BCN) » Definitions » Interest Expense

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Address

144 Vivian Street, Boulder, Perth, WA, AUS, 6432

Website

https://www.beaconminerals.com.au

Beacon Minerals Ltd is a minerals exploration and development company based in Australia. The company is focused on the development of Jaurdi Gold Project and Macphersons project Australia. It generates a majority of its revenue from Gold. The Group has one operating segment, which involves the exploration and development of minerals in Australia.

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