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Alara Resources (FRA:AU5) Interest Expense : €-1.37 Mil (TTM As of Dec. 2023)


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What is Alara Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alara Resources's interest expense for the six months ended in Dec. 2023 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.37 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. Alara Resources's Operating Income for the six months ended in Dec. 2023 was € -1.05 Mil. Alara Resources's Interest Expense for the six months ended in Dec. 2023 was € -0.00 Mil. Alara Resources 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.


Alara Resources Interest Expense Historical Data

The historical data trend for Alara Resources'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.

Alara Resources Interest Expense Chart

Alara Resources 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 - -0.01 -0.01 -0.01 -1.37

Alara Resources 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 -0.01 -0.01 - - -1.36

Alara Resources 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 €-1.37 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.


Alara Resources  (FRA:AU5) 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.

Alara Resources's Interest Expense for the six months ended in Dec. 2023 was €-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-1.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €49.20 Mil.

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

Alara Resources did not have earnings to cover the interest expense.

* 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.


Alara Resources Business Description

Traded in Other Exchanges
Address
110 Erindale Road, Suite 1.02, Balcatta, Perth, WA, AUS, 6021
Alara Resources Ltd is a precious and base metals producer and explorer. It is engaged in the exploration, evaluation, and development of mineral exploration licenses in Oman. Its projects include the Al Wash-hi Majaza copper-gold project, Awtad Copper-Gold project, Mullaq Copper-Gold, Al Ajal Copper-Gold, and Daris Copper-Gold project. The majority of the company's revenue is generated from the sale of copper. Its geographical segments include Oman, which derives maximum revenue, Australia, and Saudi Arabia.

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