Legacy Iron Ore (ASX:LCY) Interest Expense : A$-0.00 Mil (TTM As of Sep. 2023)

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What is Legacy Iron Ore Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Legacy Iron Ore's interest expense for the six months ended in Sep. 2023 was A$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 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. Legacy Iron Ore's Operating Income for the six months ended in Sep. 2023 was A$ -0.79 Mil. Legacy Iron Ore's Interest Expense for the six months ended in Sep. 2023 was A$ -0.00 Mil. Legacy Iron Ore 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.

Legacy Iron Ore Interest Expense Historical Data

The historical data trend for Legacy Iron Ore'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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Legacy Iron Ore Interest Expense Chart

Legacy Iron Ore Annual Data

Trend

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Interest Expense

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-0.01

Legacy Iron Ore Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Legacy Iron Ore 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.00 Mil.

Legacy Iron Ore (ASX:LCY) 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.

Legacy Iron Ore's Interest Expense for the six months ended in Sep. 2023 was A$-0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was A$-0.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was A$0.03 Mil.

Legacy Iron Ore's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Legacy Iron Ore did not have earnings to cover the interest expense.

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

Legacy Iron Ore (ASX:LCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Legacy Iron Ore Ltd (ASX:LCY) » Definitions » Interest Expense

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Address

200 Adelaide Terrace, Level 6, West Perth, Perth, WA, AUS, 6004

Website

http://www.legacyiron.com.au

Legacy Iron Ore Ltd is engaged in the exploration and development of mineral properties. It holds a diverse portfolio of assets spanning iron ore, gold and base metals, Tungsten, Rare earth elements. Its projects include Mt Bevan Project, South Laverton Gold Project, Mt. Celia Project and many more.