Pearl Gold AG (FRA:02P) Interest Expense : €0.00 Mil (TTM As of Jun. 2024)

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What is Pearl Gold AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pearl Gold AG's interest expense for the six months ended in Jun. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €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. Pearl Gold AG's Operating Income for the six months ended in Jun. 2024 was € -0.42 Mil. Pearl Gold AG's Interest Expense for the six months ended in Jun. 2024 was € 0.00 Mil. Pearl Gold AG 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.

Pearl Gold AG Interest Expense Historical Data

The historical data trend for Pearl Gold AG'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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Pearl Gold AG Interest Expense Chart

Pearl Gold AG Annual Data

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Interest Expense

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Pearl Gold AG Semi-Annual Data
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Pearl Gold AG 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 €0.00 Mil.

Pearl Gold AG (FRA:02P) 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.

Pearl Gold AG's Interest Expense for the six months ended in Jun. 2024 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.00 Mil.

Pearl Gold AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Pearl Gold AG had no long-term debt ⁽¹⁾.

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

Good Sign:

Pearl Gold AG has no debt.

Pearl Gold AG Business Description

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02P:Germany

Address

Kurfurstendamm 213, Berlin, BB, DEU, 10719

Website

https://www.pearlgoldag.com

Pearl Gold AG is a holding company. It invests and develops gold mining projects in West Africa. The company focuses on the exploration and production of gold and operates the Kodieran Gold Mine around 300 km southeast of Bamako.

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