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C29 Metals (ASX:C29) Interest Expense : A$0.00 Mil (TTM As of Dec. 2024)


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What is C29 Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. C29 Metals's interest expense for the six months ended in Dec. 2024 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$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. C29 Metals's Operating Income for the six months ended in Dec. 2024 was A$ -1.11 Mil. C29 Metals's Interest Expense for the six months ended in Dec. 2024 was A$ 0.00 Mil. C29 Metals 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.


C29 Metals Interest Expense Historical Data

The historical data trend for C29 Metals'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.

C29 Metals Interest Expense Chart

C29 Metals Annual Data
Trend Jun22 Jun23 Jun24
Interest Expense
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C29 Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial - - - - -

C29 Metals 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$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.


C29 Metals  (ASX:C29) 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.

C29 Metals's Interest Expense for the six months ended in Dec. 2024 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-1.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$0.00 Mil.

C29 Metals's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

C29 Metals 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. C29 Metals Ltd has enough cash to cover all of its debt. Its financial situation is stable.


C29 Metals Business Description

Traded in Other Exchanges
N/A
Address
4 Douro Place, Suite 4, West Perth, WA, AUS, 6005
C29 Metals Ltd is a minerals exploration company, engaged in identifying, exploring and developing prospective copper, gold and base metal assets throughout Australia. The company's projects include Sampson Tank, Reedy Creek Project, Torrens Projects, and Stadlers Project. It is organised into two operating segments, being the exploration of minerals in Australia and exploration of minerals in Kazakhstan.

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