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Coronado Global Resources (ASX:CRN) Interest Expense : A$-82 Mil (TTM As of Jun. 2024)


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What is Coronado Global Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coronado Global Resources's interest expense for the six months ended in Jun. 2024 was A$ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-82 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. Coronado Global Resources's Operating Income for the six months ended in Jun. 2024 was A$ 329 Mil. Coronado Global Resources's Interest Expense for the six months ended in Jun. 2024 was A$ -40 Mil. Coronado Global Resources's Interest Coverage for the quarter that ended in Jun. 2024 was 8.26. 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.


Coronado Global Resources Interest Expense Historical Data

The historical data trend for Coronado Global Resources'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.

Coronado Global Resources Interest Expense Chart

Coronado Global Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -57.06 -67.18 -95.15 -100.23 -84.79

Coronado Global Resources Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -49.54 -48.64 -42.98 -41.69 -39.83

Coronado Global Resources 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$-82 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.


Coronado Global Resources  (ASX:CRN) 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.

Coronado Global Resources's Interest Expense for the six months ended in Jun. 2024 was A$-40 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$329 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$471 Mil.

Coronado Global Resources'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*329.09/-39.826
=8.26

* 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.


Coronado Global Resources Business Description

Traded in Other Exchanges
Address
345 Queen Street, Level 33, Central Plaza One, Brisbane, QLD, AUS, 4000
Coronado Global Resources Inc is a global producer, marketer, and exporter of a full range of metallurgical coals, an essential element in the production of steel. The Company has a portfolio of operating mines and development projects in Queensland, Australia and in the states of Pennsylvania, Virginia and West Virginia in the United States.

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