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Hastings Technology Metals (HAM:5AM) Interest Expense : €-16.75 Mil (TTM As of Dec. 2023)


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What is Hastings Technology Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hastings Technology Metals's interest expense for the six months ended in Dec. 2023 was € -10.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-16.75 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. Hastings Technology Metals's Operating Income for the six months ended in Dec. 2023 was € 0.63 Mil. Hastings Technology Metals's Interest Expense for the six months ended in Dec. 2023 was € -10.19 Mil. Hastings Technology Metals's Interest Coverage for the quarter that ended in Dec. 2023 was 0.06. 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.


Hastings Technology Metals Interest Expense Historical Data

The historical data trend for Hastings Technology Metals'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.

Hastings Technology Metals Interest Expense Chart

Hastings Technology Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.01 -0.02 -12.71

Hastings Technology Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -6.33 -6.56 -10.19

Hastings Technology Metals 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 €-16.75 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.


Hastings Technology Metals  (HAM:5AM) 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.

Hastings Technology Metals's Interest Expense for the six months ended in Dec. 2023 was €-10.19 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €92.13 Mil.

Hastings Technology Metals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.633/-10.192
=0.06

* 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.


Hastings Technology Metals (HAM:5AM) Business Description

Traded in Other Exchanges
Address
197 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia covering an area of approximately 650 square kilometres; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.

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