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Rimfire Pacific Mining (ASX:RIM) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)


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What is Rimfire Pacific Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rimfire Pacific Mining'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. Rimfire Pacific Mining's Operating Income for the six months ended in Dec. 2023 was A$ -0.71 Mil. Rimfire Pacific Mining's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Rimfire Pacific Mining 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.


Rimfire Pacific Mining Interest Expense Historical Data

The historical data trend for Rimfire Pacific Mining'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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Rimfire Pacific Mining Interest Expense Chart

Rimfire Pacific Mining Annual Data
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Interest Expense
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Rimfire Pacific Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Rimfire Pacific Mining 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.

* 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.


Rimfire Pacific Mining  (ASX:RIM) 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.

Rimfire Pacific Mining's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Rimfire Pacific Mining's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Rimfire Pacific Mining 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:

Rimfire Pacific Mining Ltd has no debt.


Rimfire Pacific Mining (ASX:RIM) Business Description

Traded in Other Exchanges
N/A
Address
1 Queens Road, Suite 142, St Kilda Rd Towers, Melbourne, VIC, AUS, 3004
Rimfire Pacific Mining Ltd is engaged in the exploration and evaluation of mineral deposits. The exploration project is located in the Lachlan Transverse Zone. Geographically, it operates only in Australia. It holds interest in four projects in the Lachlan Fold Belt namely Valley Project; Cowal Project; Fifield Project; and Avondale Project. It also holds one project namely Green View Project in the Willyama Supergroup in New South Wales.

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