Aben Minerals (FRA:R26) Interest Expense : €-0.01 Mil (TTM As of Mar. 2024)

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What is Aben Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aben Minerals's interest expense for the three months ended in Mar. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-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. Aben Minerals's Operating Income for the three months ended in Mar. 2024 was € -0.08 Mil. Aben Minerals's Interest Expense for the three months ended in Mar. 2024 was € -0.01 Mil. Aben 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.

Aben Minerals Interest Expense Historical Data

The historical data trend for Aben 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.

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Aben Minerals Interest Expense Chart

Aben Minerals Annual Data

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Interest Expense

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Aben Minerals Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.01

Aben 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Aben Minerals (FRA:R26) 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.

Aben Minerals's Interest Expense for the three months ended in Mar. 2024 was €-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.13 Mil.

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

Aben Minerals did not have earnings to cover the interest expense.

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

Aben Minerals (FRA:R26) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aben Minerals Ltd (FRA:R26) » Definitions » Interest Expense

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ABNAF:USA R26:Germany ABM:Canada

Address

1610 - 777 Dunsmuir Street, P.O. Box 10427, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.abenminerals.com

Aben Minerals Ltd is an exploration and development-stage company engaged in the business of acquisition, exploration, and evaluation of mineral resource properties. The company's projects include Justin Gold and Forrest Kerr Gold.

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