Thunderbird Resources (ASX:THB) Interest Expense : A$-0.00 Mil (TTM As of Dec. 2023)

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What is Thunderbird Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thunderbird Resources'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. Thunderbird Resources's Operating Income for the six months ended in Dec. 2023 was A$ -0.65 Mil. Thunderbird Resources's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Thunderbird Resources 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.

Thunderbird Resources Interest Expense Historical Data

The historical data trend for Thunderbird 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.

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Thunderbird Resources Interest Expense Chart

Thunderbird Resources Annual Data

Trend

Jun14

Jun15

Jun16

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Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-2.34

-1.32

-0.01

Thunderbird Resources 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	0.01	-	-	-

Thunderbird 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.00 Mil.

Thunderbird Resources (ASX:THB) 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.

Thunderbird Resources's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

Thunderbird Resources had no long-term debt ⁽¹⁾.

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

Thunderbird Resources (ASX:THB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunderbird Resources Ltd (ASX:THB) » Definitions » Interest Expense

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VOYRF:USA LFY:Germany

Address

101 St Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

https://www.valorresources.com.au

Valor Resources Ltd is a mineral exploration company. It is engaged in metals exploration and project development, for the Picha Project copper-silver exploration project, located in the Moquegua Department of southern Peru.

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