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Leo Lithium (ASX:LLL) Interest Expense : A$ Mil (TTM As of Jun. 2023)


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What is Leo Lithium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leo Lithium's interest expense for the six months ended in Jun. 2023 was A$ -0.03 Mil. Leo Lithium does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Leo Lithium's Operating Income for the six months ended in Jun. 2023 was A$ -5.60 Mil. Leo Lithium's Interest Expense for the six months ended in Jun. 2023 was A$ -0.03 Mil. Leo Lithium 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.


Leo Lithium Interest Expense Historical Data

The historical data trend for Leo Lithium'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.

Leo Lithium Interest Expense Chart

Leo Lithium Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- -0.31 -0.08

Leo Lithium Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Interest Expense -0.31 - -0.03 -0.05

Leo Lithium Interest Expense Calculation

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


Leo Lithium  (ASX:LLL) 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.

Leo Lithium's Interest Expense for the six months ended in Jun. 2023 was A$-0.03 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-5.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$1.25 Mil.

Leo Lithium's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Leo Lithium did not have earnings to cover the interest expense.

* 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.


Leo Lithium Business Description

Traded in Other Exchanges
Address
31 Ventnor Avenue, Level 3, West Perth, WA, AUS, 6005
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina JV and exploration for minerals.

Leo Lithium Headlines

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