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Star Minerals (ASX:SMS) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)


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What is Star Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Star Minerals'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. Star Minerals's Operating Income for the six months ended in Dec. 2023 was A$ -0.48 Mil. Star Minerals's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Star Minerals 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.


Star Minerals Interest Expense Historical Data

The historical data trend for Star 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.

* Premium members only.

Star Minerals Interest Expense Chart

Star Minerals Annual Data
Trend Jun22 Jun23
Interest Expense
- -

Star Minerals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense - - - - -

Star 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. 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.


Star Minerals  (ASX:SMS) 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.

Star Minerals's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Star Minerals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Star Minerals 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:

Star Minerals Ltd has no debt.


Star Minerals (ASX:SMS) Business Description

Traded in Other Exchanges
N/A
Address
50 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005
Star Minerals Ltd is a Western Australia-focused gold explorer, with a development-ready project and extensive landholdings. It carries on the business of mineral exploration, focused on the exploration and evaluation of the Tumblegum South Project and the West Bryah Project.

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