Symbol Mining (ASX:SL1) Interest Expense : A$-0.22 Mil (TTM As of Jun. 2020)

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What is Symbol Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Symbol Mining's interest expense for the six months ended in Jun. 2020 was A$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was A$-0.22 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. Symbol Mining's Operating Income for the six months ended in Jun. 2020 was A$ -0.01 Mil. Symbol Mining's Interest Expense for the six months ended in Jun. 2020 was A$ -0.03 Mil. Symbol Mining 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.

Symbol Mining Interest Expense Historical Data

The historical data trend for Symbol 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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Symbol Mining Interest Expense Chart

Symbol Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

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-1.02

-0.77

-0.56

Symbol Mining Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Interest Expense	Get a 7-Day Free Trial										-	-0.77	-0.37	-0.19	-0.03

Symbol 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 Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.22 Mil.

Symbol Mining (ASX:SL1) 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.

Symbol Mining's Interest Expense for the six months ended in Jun. 2020 was A$-0.03 Mil. Its Operating Income for the six months ended in Jun. 2020 was A$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2020 was A$0.00 Mil.

Symbol Mining's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Symbol Mining did not have earnings to cover the interest expense.

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

Symbol Mining (ASX:SL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Symbol Mining Ltd (ASX:SL1) » Definitions » Interest Expense

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N/A

Address

331-335 Hay Street, Unit 6, Subiaco, WA, AUS, 6000

Website

http://www.symbolmining.com.au

Symbol Mining Ltd is a mineral exploration company. It is focused on the development and commercialization of high margin, high-grade base metals projects. The company's project profile includes Imperial Project and Tawny Project. The Imperial Project consists of three exploration licenses and three small-scale mining leases, covering approximately 510km2. The Tawny Project is located approximately 150km east/southeast of the capital Abuja in the state of Nasawarra.

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