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Cosmo Metals (ASX:CMO) Interest Expense : A$ Mil (TTM As of Dec. 2023)


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What is Cosmo Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cosmo Metals's interest expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Cosmo Metals does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Cosmo Metals's Operating Income for the six months ended in Dec. 2023 was A$ -0.27 Mil. Cosmo Metals's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Cosmo 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.


Cosmo Metals Interest Expense Historical Data

The historical data trend for Cosmo 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.

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Cosmo Metals Interest Expense Chart

Cosmo Metals Annual Data
Trend Jun23
Interest Expense
-

Cosmo Metals Semi-Annual Data
Dec22 Jun23 Dec23
Interest Expense - - -

Cosmo Metals Interest Expense Calculation

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


Cosmo Metals  (ASX:CMO) 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.

Cosmo Metals's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

Cosmo 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:

Cosmo Metals Ltd has no debt.


Cosmo Metals Business Description

Traded in Other Exchanges
N/A
Address
Ord Street, Level 3, Perth, WA, AUS, 6005
Cosmo Metals Ltd is a base metals exploration company focused on the Yamarna Project.

Cosmo Metals Headlines

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