Mako Gold (ASX:MKG) Interest Expense : A$-0.01 Mil (TTM As of Dec. 2023)

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What is Mako Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mako Gold's interest expense for the six months ended in Dec. 2023 was A$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.01 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. Mako Gold's Operating Income for the six months ended in Dec. 2023 was A$ -0.55 Mil. Mako Gold's Interest Expense for the six months ended in Dec. 2023 was A$ -0.00 Mil. Mako Gold 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.

Mako Gold Interest Expense Historical Data

The historical data trend for Mako Gold'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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Mako Gold Interest Expense Chart

Mako Gold Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.01

Mako Gold Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

Mako Gold 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.01 Mil.

Mako Gold (ASX:MKG) 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.

Mako Gold's Interest Expense for the six months ended in Dec. 2023 was A$-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.13 Mil.

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

Mako Gold did not have earnings to cover the interest expense.

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

Mako Gold (ASX:MKG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mako Gold Ltd (ASX:MKG) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

144 Edward Street, Level 6, Brisbane, QLD, AUS, 4000

Website

http://www.makogold.com.au

Mako Gold Ltd is engaged in the discovery and development of gold. The company's projects include The Napie project located in the north-central part of Cote d'Ivoire, The Tangora Project located in the southwestern part of Burkina Faso and the Niou Project located in the central part of Burkina Faso. Geographically it operates in Australia and Africa.

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