Tigers Realm Coal (ASX:TIG) Interest Expense: A$-0.8 Mil (TTM As of Jun. 2024)


What is Tigers Realm Coal Interest Expense?

Tigers Realm Coal ASX:TIG Interest Expense is A$-0.8 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tigers Realm Coal's interest expense for the six months ended in Jun. 2024 was A$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.8 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. Tigers Realm Coal's Operating Income for the six months ended in Jun. 2024 was A$ -2.8 Mil. Tigers Realm Coal's Interest Expense for the six months ended in Jun. 2024 was A$ 0.0 Mil. Tigers Realm Coal 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.

Tigers Realm Coal  (ASX:TIG) 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.

Tigers Realm Coal's Interest Expense for the six months ended in Jun. 2024 was A$0.0 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$-2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$0.0 Mil.

Tigers Realm Coal's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Tigers Realm Coal 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.

Tigers Realm Coal Interest Expense Historical Data

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The historical data trend for Tigers Realm Coal'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.

Tigers Realm Coal Interest Expense Chart

Tigers Realm Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.88 -2.79 -1.90 -2.06 -1.63

Tigers Realm Coal 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 -1.05 -1.01 -0.82 -0.81 0.00

Tigers Realm Coal 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$-0.8 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-0.8 Mil mean?
Tigers Realm Coal (ASX:TIG) has a Interest Expense of A$-0.8 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Tigers Realm Coal and its competitors.
Is Tigers Realm Coal's Interest Expense too high?
Tigers Realm Coal's current Interest Expense is A$-0.8 Mil.
How does Tigers Realm Coal's Interest Expense compare to HCC and AMR?
Tigers Realm Coal's Interest Expense of A$-0.8 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Steel company?
A good Interest Expense depends on the Steel industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Tigers Realm Coal and its competitors. Tigers Realm Coal's current Interest Expense is A$-0.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tigers Realm Coal stock overvalued right now?
Tigers Realm Coal (ASX:TIG) has a current Interest Expense of A$-0.8 Mil. The current Interest Expense is A$-0.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Tigers Realm Coal (ASX:TIG), the current Interest Expense is A$-0.8 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tigers Realm Coal Business Description

Address 37 Leningradski Avenue, Moscow, RUS, 125167
Tigers Realm Coal Ltd is engaged in the identification, exploration, development, mining, and sale of coal from deposits in the Far East of the Russian Federation. Its objectives encompass the development of the Amaam Coking Coal Deposits, comprising its two, well-located, large coking coal projects. The Amaam Coal Project is located in the Beringovsky Basin, in the Chukotka Autonomous Okrug. The Amaam North and Amaam deposits are located within separate structural blocks of the Bering Coal Basin. Geographically the company derives revenue from the Asia and Russia region, where dominant revenue comes from Asia. The Group has two reportable segments, Amaam North Project and Amaam Project. The company generates the majority of revenue from the Amaam North Project.