Norwest Minerals (ASX:NWM) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)

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What is Norwest Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norwest 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. Norwest Minerals's Operating Income for the six months ended in Dec. 2023 was A$ -0.53 Mil. Norwest Minerals's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Norwest 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.

Norwest Minerals Interest Expense Historical Data

The historical data trend for Norwest 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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Norwest Minerals Interest Expense Chart

Norwest Minerals Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-0.88

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

Norwest 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.

Norwest Minerals (ASX:NWM) 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.

Norwest Minerals's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

Norwest Minerals had no long-term debt ⁽¹⁾.

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

Norwest Minerals (ASX:NWM) Business Description

Industry

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NRWMF:USA

Address

7 Ventnor Avenue, Suite 1A, First Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.norwestminerals.com.au

Norwest Minerals Ltd is a gold and base metals exploration company. It holds an interest in gold and base-metal projects including the Warriedar Project, Bali Copper, Bulgera Gold, Arunta West Project, Marymia Project, and Marriott Nickel Project. The principal continuing activities of the Company were engaging in the business of seeking to exploit and mine natural resources.

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