Minerals 260 (ASX:MI6) Interest Expense : A$-0.07 Mil (TTM As of Dec. 2024)

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What is Minerals 260 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minerals 260'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$-0.07 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. Minerals 260's Operating Income for the six months ended in Dec. 2024 was A$ -2.45 Mil. Minerals 260's Interest Expense for the six months ended in Dec. 2024 was A$ 0.00 Mil. GuruFocus does not calculate Minerals 260's interest coverage with the available data. 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.

Minerals 260 Interest Expense Historical Data

The historical data trend for Minerals 260'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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Minerals 260 Interest Expense Chart

Minerals 260 Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Interest Expense

-0.07

Minerals 260 Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-0.07	-

Minerals 260 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$-0.07 Mil.

Minerals 260 (ASX:MI6) 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.

Minerals 260's Interest Expense for the six months ended in Dec. 2024 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-2.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$0.46 Mil.

Minerals 260's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GuruFocus does not calculate Minerals 260's interest coverage with the available data.

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

Minerals 260 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minerals 260 Ltd (ASX:MI6) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1292 Hay Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.minerals260.com.au

Minerals 260 Ltd is a mineral exploration company. The company's projects include Moora Project, Koojan JV Project, Dingo Rocks, and Yalwest.

Minerals 260 Headlines

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