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Vault Minerals (ASX:VAU) Interest Expense : A$-3.6 Mil (TTM As of Jun. 2024)


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What is Vault Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vault Minerals's interest expense for the six months ended in Jun. 2024 was A$ 7.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-3.6 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. Vault Minerals's Operating Income for the six months ended in Jun. 2024 was A$ 17.3 Mil. Vault Minerals's Interest Expense for the six months ended in Jun. 2024 was A$ 7.5 Mil. Vault 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.


Vault Minerals Interest Expense Historical Data

The historical data trend for Vault 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.

Vault Minerals Interest Expense Chart

Vault 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 -2.38 -0.42 -0.95 -2.84 -3.59

Vault 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 -0.25 -11.04 8.20 -11.04 7.45

Vault 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$-3.6 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.


Vault Minerals  (ASX:VAU) 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.

Vault Minerals's Interest Expense for the six months ended in Jun. 2024 was A$7.5 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$17.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$77.5 Mil.

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

* 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.


Vault Minerals Business Description

Traded in Other Exchanges
Address
85 South Perth Esplanade, Suite 4, Level 3, South Shore Centre, South Perth, Perth, WA, AUS, 6151
Vault Minerals Ltd formerly Red 5 Ltd is engaged in gold production, development, and mineral exploration assets in Australia. The company's operating segment includes King of the Hills, Mount Monger, Deflector, and Sugar Zone. The company generates the majority of its revenue from the King of the Hills project which produces gold bullion. The Deflector operation produces gold bullion and gold-copper concentrate.

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