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Piche Resources (ASX:PR2) Interest Expense : A$ Mil (TTM As of Dec. 2023)


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What is Piche Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Piche Resources's interest expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Piche Resources does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Piche Resources's Operating Income for the six months ended in Dec. 2023 was A$ -0.63 Mil. Piche Resources's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Piche Resources 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.


Piche Resources Interest Expense Historical Data

The historical data trend for Piche Resources'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.

Piche Resources Interest Expense Chart

Piche Resources Annual Data
Trend Jun23 Jun24
Interest Expense
- -

Piche Resources Semi-Annual Data
Jun23 Dec23 Jun24
Interest Expense - - -

Piche Resources Interest Expense Calculation

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


Piche Resources  (ASX:PR2) 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.

Piche Resources's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

Piche Resources had no long-term debt (1).

* 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.

Good Sign:

Piche Resources Ltd has no debt.


Piche Resources Business Description

Traded in Other Exchanges
N/A
Address
225 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Piche Resources Ltd is a mineral exploration company, focusing on exploration for uranium, as well as other precious and base metals, specifically, gold, silver, copper, lead, zinc and rare earth elements (REEs) in Western Australia and Argentina. The company owns a suite of seven granted exploration licences in Western Australia, covering four projects - Ashburton, GascoyneMinindi, Abydos and Beasley Creek. In Argentina the company owns 10 granted mining concessions and 18 applications for mining concessions covering two projects - Sierra Cuadrada and Cerro Chacon.

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