Tambourah Metals (ASX:TMB) Interest Expense : A$-0.01 Mil (TTM As of Dec. 2023)

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What is Tambourah Metals Interest Expense?

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

Tambourah Metals Interest Expense Historical Data

The historical data trend for Tambourah Metals'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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Tambourah Metals Interest Expense Chart

Tambourah Metals Annual Data

Trend

Jun22

Jun23

Interest Expense

Tambourah Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-	-	-	-

Tambourah Metals 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.

Tambourah Metals (ASX:TMB) 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.

Tambourah Metals'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$0.06 Mil.

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

Tambourah Metals did not have earnings to cover the interest expense.

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

Tambourah Metals (ASX:TMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tambourah Metals Ltd (ASX:TMB) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Level 2/10 Ord Street, Unit 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.tambourahmetals.com.au

Tambourah Metals Ltd develops high-quality gold and nickel projects. It has two gold projects including Tambourah and Cheela, and two Nickel-PGE-Gold projects including Achilles and Julimar North and others The firm has organised its operations into two reportable segments on the basis of stage of development being Development assets and Exploration and evaluation assets.

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