Red Hill Minerals (ASX:RHI) Interest Expense : A$-0.01 Mil (TTM As of Dec. 2024)

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What is Red Hill Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Red Hill Minerals's interest expense for the six months ended in Dec. 2024 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-0.01 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. Red Hill Minerals's Operating Income for the six months ended in Dec. 2024 was A$ -1.07 Mil. Red Hill Minerals's Interest Expense for the six months ended in Dec. 2024 was A$ -0.01 Mil. Red Hill 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.

Red Hill Minerals Interest Expense Historical Data

The historical data trend for Red Hill 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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Red Hill Minerals Interest Expense Chart

Red Hill Minerals Annual Data

Trend

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Jun24

Interest Expense

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-0.01

Red Hill 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															-	-0.02	-0.01	-	-0.01

Red Hill 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$-0.01 Mil.

Red Hill Minerals (ASX:RHI) 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.

Red Hill Minerals's Interest Expense for the six months ended in Dec. 2024 was A$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$-1.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$0.05 Mil.

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

Red Hill Minerals did not have earnings to cover the interest expense.

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

Red Hill Minerals Business Description

Industry

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

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Address

9 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.redhillminerals.com.au

Red Hill Minerals Ltd is an exploration company that focuses on the exploration of non-ferrous minerals over the RHIOJV tenements in the Western Pilbara region of Western Australia. Exploration targets include precious (gold) and battery metals. The company is also progressing the development of its Pannawonica Channel Iron Deposits (CID) and rock quarrying opportunities from its Three Peaks project. Its projects portfolio includes Red Hill Minerals West Pilbara Project, Mineral Resources Ltd Ashburton Hub - Royalty, Pannawonica Iron Ore, and Three Peaks Hard Rock Deposit.