Ragnar Metals (ASX:RAG) Interest Expense : A$-0.00 Mil (TTM As of Dec. 2023)

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What is Ragnar Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ragnar Metals'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. Ragnar Metals's Operating Income for the six months ended in Dec. 2023 was A$ -0.99 Mil. Ragnar Metals's Interest Expense for the six months ended in Dec. 2023 was A$ -0.00 Mil. Ragnar Metals 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.

Ragnar Metals Interest Expense Historical Data

The historical data trend for Ragnar Metals'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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Ragnar Metals Interest Expense Chart

Ragnar Metals Annual Data

Trend

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Interest Expense

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-0.09

Ragnar Metals Semi-Annual Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Ragnar Metals 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.

Ragnar Metals (ASX:RAG) 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.

Ragnar Metals's Interest Expense for the six months ended in Dec. 2023 was A$-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

Ragnar Metals did not have earnings to cover the interest expense.

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

Ragnar Metals (ASX:RAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ragnar Metals Ltd (ASX:RAG) » Definitions » Interest Expense

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Address

88 William Street, Level 3, Perth, WA, AUS, 6000

Website

https://www.ragnarmetals.com.au

Ragnar Metals Ltd is engaged in the exploration and evaluation of nickel, gold, silver and base metals projects. The company has Granmuren Nickel Prospect which is a greenfield nickel, copper, cobalt discovery in the heart of the Bergslagen district of Sweden, and Gaddebo Project.

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