Tanami Gold NL (ASX:TAM) Interest Expense : A$-0.01 Mil (TTM As of Dec. 2023)

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What is Tanami Gold NL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tanami Gold NL'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$-0.01 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. Tanami Gold NL's Operating Income for the six months ended in Dec. 2023 was A$ -4.77 Mil. Tanami Gold NL's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Tanami Gold NL 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.

Tanami Gold NL Interest Expense Historical Data

The historical data trend for Tanami Gold NL'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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Tanami Gold NL Interest Expense Chart

Tanami Gold NL Annual Data

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Interest Expense

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-0.01

Tanami Gold NL Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.01	-

Tanami Gold NL 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$-0.01 Mil.

Tanami Gold NL (ASX:TAM) 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.

Tanami Gold NL's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-4.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Tanami Gold NL's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Tanami Gold NL had no long-term debt ⁽¹⁾.

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

Tanami Gold NL (ASX:TAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tanami Gold NL (ASX:TAM) » Definitions » Interest Expense

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Address

39 Mends Street, Unit 202, Level 2, Echelon, South Perth, Perth, WA, AUS, 6151

Website

https://www.tanami.com.au

Tanami Gold NL is a mineral exploration company that is engaged in gold mining operations. Its principal activity is to develop its Central Tanami Project in the Tanami Desert in the Northern Territory.

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