Many Peaks Minerals (ASX:MPK) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)

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What is Many Peaks Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Many Peaks Minerals'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$0.00 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. Many Peaks Minerals's Operating Income for the six months ended in Dec. 2023 was A$ -2.28 Mil. Many Peaks Minerals's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Many Peaks Minerals has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Many Peaks Minerals Interest Expense Historical Data

The historical data trend for Many Peaks Minerals'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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Many Peaks Minerals Interest Expense Chart

Many Peaks Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

Many Peaks Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-	-	-

Many Peaks Minerals 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$0.00 Mil.

Many Peaks Minerals (ASX:MPK) 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.

Many Peaks Minerals's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-2.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Many Peaks Minerals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Many Peaks Minerals had no long-term debt ⁽¹⁾.

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

Good Sign:

Many Peaks Minerals Ltd has no debt.

Many Peaks Minerals (ASX:MPK) Business Description

Industry

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

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Address

1060 Hay Street, Level 3, West Perth, WA, AUS, 6005

Website

https://www.manypeaks.com.au

Many Peaks Minerals Ltd is a mineral exploration and development company focused on the central region of Queensland. The company has two project baskets which include QLD Australia and NL Canada.

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