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Tartana Minerals (ASX:TAT) Interest Expense : A$-0.33 Mil (TTM As of Jun. 2024)


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What is Tartana Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tartana Minerals's interest expense for the six months ended in Jun. 2024 was A$ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.33 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. Tartana Minerals's Operating Income for the six months ended in Jun. 2024 was A$ -1.53 Mil. Tartana Minerals's Interest Expense for the six months ended in Jun. 2024 was A$ -0.12 Mil. Tartana Minerals 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.

Tartana Minerals Interest Expense Historical Data

The historical data trend for Tartana 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.

Tartana Minerals Interest Expense Chart

Tartana Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.13 -0.33 -0.33

Tartana Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.12 -0.05 -0.29 -0.21 -0.12

Tartana 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.33 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.

Tartana Minerals  (ASX:TAT) 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.

Tartana Minerals's Interest Expense for the six months ended in Jun. 2024 was A$-0.12 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$-1.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$0.00 Mil.

Tartana Minerals's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Tartana Minerals did not have earnings to cover the interest expense.

* 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.

Tartana Minerals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tartana Minerals Ltd (ASX:TAT) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
169 Blues Point Road, McMahons Point, Sydney, NSW, AUS, 2060
Website
https://www.tartanaminerals.com.au
Tartana Minerals Ltd is a copper producer and a copper, gold, silver, and zinc explorer and developer in the Chillagoe Region of Far North Queensland. The company's Tartana mining leases contain an existing heap leach, solvent extraction, and crystallization plant nestled between its Tartana, Queen Grade, and Mountain Maid projects. Its projects include the Nightflower Silver Project, Tartana Copper Sulphate Project, Zeehan Zinc Low Grade Furnace Slag Project, and the Mountain Maid Project among others.