TMK Energy (ASX:TMK) Interest Expense : A$0.00 Mil (TTM As of Jun. 2023)

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What is TMK Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TMK Energy's interest expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. TMK Energy's Operating Income for the six months ended in Jun. 2023 was A$ -1.02 Mil. TMK Energy's Interest Expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. TMK Energy 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.

TMK Energy Interest Expense Historical Data

The historical data trend for TMK Energy'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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TMK Energy Interest Expense Chart

TMK Energy Annual Data

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Interest Expense

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

TMK Energy (ASX:TMK) 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.

TMK Energy's Interest Expense for the six months ended in Jun. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-1.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.00 Mil.

TMK Energy's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

TMK Energy had no long-term debt ⁽¹⁾.

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

Good Sign:

TMK Energy Ltd has no debt.

TMK Energy (ASX:TMK) Business Description

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TMKEF:USA

Address

1202 Hay Street, West Perth W, Perth, WA, AUS, 6005

Website

https://www.tmkenergy.com.au

TMK Energy Ltd is an oil and gas exploration company. It holds a 100% interest in the Gurvantes XXXV Coal Seam Gas Project location in the South Gobi Basin of Mongolia and also holds a 20% interest in the Talisman Depp Project containing the Napoleon Structure located in the Barrow-Dampier Sub-basin.

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