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Stanmore Resources (ASX:SMR) Interest Expense : A$-101 Mil (TTM As of Dec. 2024)


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What is Stanmore Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stanmore Resources's interest expense for the six months ended in Dec. 2024 was A$ -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-101 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. Stanmore Resources's Operating Income for the six months ended in Dec. 2024 was A$ 374 Mil. Stanmore Resources's Interest Expense for the six months ended in Dec. 2024 was A$ -56 Mil. Stanmore Resources's Interest Coverage for the quarter that ended in Dec. 2024 was 6.63. 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.


Stanmore Resources Interest Expense Historical Data

The historical data trend for Stanmore Resources'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.

* Premium members only.

Stanmore Resources Interest Expense Chart

Stanmore Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.55 -17.23 -120.64 -119.67 -103.11

Stanmore Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -83.59 -55.43 -64.09 -44.58 -56.37

Stanmore Resources 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$-101 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.


Stanmore Resources  (ASX:SMR) 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.

Stanmore Resources's Interest Expense for the six months ended in Dec. 2024 was A$-56 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$374 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$670 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*373.591/-56.37
=6.63

* 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.


Stanmore Resources Business Description

Traded in Other Exchanges
Address
12 Creek Street, Level 32, Brisbane, QLD, AUS, 4000
Stanmore Resources Ltd is an Australian resources company that is engaged in the exploration, development, production, and sale of metallurgical coal in Queensland, Australia with operations and exploration projects in the Bowen and Surat Basins. The company's portfolio of existing operations includes the Isaac Plains Complex in Queensland's Bowen Basin region, South Walker Creek, and the Poitrel open-cut coal mine. It also holds ownership interests in several other exploration projects such as the Lilyvale project, Mackenzie, Lancewood, the Isaac Downs Extension, the Range, Belview, the Isaac Plains Underground, and the Clifford project. Geographically, the company derives maximum revenue from the sale of metallurgical coal in Asia followed by Europe and South America.