GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Peak Minerals Ltd (OTCPK:HEGLF) » Definitions » Interest Expense

HEGLF (Peak Minerals) Interest Expense : $0.00 Mil (TTM As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Peak Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Peak Minerals's interest expense for the six months ended in Dec. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Peak Minerals's Operating Income for the six months ended in Dec. 2024 was $ -1.27 Mil. Peak Minerals's Interest Expense for the six months ended in Dec. 2024 was $ 0.00 Mil. Peak Minerals 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.


Peak Minerals Interest Expense Historical Data

The historical data trend for Peak 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.

Peak Minerals Interest Expense Chart

Peak 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 - - - - -

Peak Minerals Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - -

Peak 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.


Peak Minerals  (OTCPK:HEGLF) 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.

Peak Minerals's Interest Expense for the six months ended in Dec. 2024 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-1.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $0.00 Mil.

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

Peak Minerals had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Peak Minerals Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Peak Minerals Business Description

Traded in Other Exchanges
Address
513 Hay Street, Level 1, Suite 23, Subiaco, Perth, WA, AUS, 6008
Peak Minerals Ltd is engaged in the exploration and development of gold and copper deposits. The company pursues its Western Australian-focused exploration programs on its emerging magmatic sulphide province. The company's project includes Copper Hills; Cork Tree; Carson; Kimberley South; Hill End Hargraves and Yendon projects. It operates in one segment which is mineral exploration and evaluation operations.

Peak Minerals Headlines

No Headlines