Ragusa Minerals (ASX:RAS) Interest Expense : A$-0.00 Mil (TTM As of Dec. 2024)

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What is Ragusa Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ragusa Minerals's interest expense for the six months ended in Dec. 2024 was A$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. Ragusa Minerals's Operating Income for the six months ended in Dec. 2024 was A$ -1.02 Mil. Ragusa Minerals's Interest Expense for the six months ended in Dec. 2024 was A$ -0.00 Mil. Ragusa Minerals 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.

Ragusa Minerals Interest Expense Historical Data

The historical data trend for Ragusa 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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Ragusa Minerals Interest Expense Chart

Ragusa Minerals Annual Data

Trend

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Jun24

Interest Expense

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-0.04

-0.01

Ragusa Minerals Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Ragusa 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.00 Mil.

Ragusa Minerals (ASX:RAS) 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.

Ragusa Minerals's Interest Expense for the six months ended in Dec. 2024 was A$-0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-1.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$0.00 Mil.

Ragusa Minerals's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Ragusa Minerals did not have earnings to cover the interest expense.

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

Ragusa Minerals Business Description

Industry

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

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Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.ragusaminerals.com.au

Ragusa Minerals Ltd is an Australian firm engaged in the business of exploring and identifying gold deposits. The company is focused on developing the Lonely Mine Gold Project. It is a gold mine project based in Zimbabwe and made up of four granted tenements. The company's project includes Monte Cristo gold project, and Burracoppin Halloysite & Lithium projects.

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