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Alba Mineral Resources (LSE:ALBA) Interest Expense : £-0.00 Mil (TTM As of May. 2024)


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What is Alba Mineral Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alba Mineral Resources's interest expense for the six months ended in May. 2024 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 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. Alba Mineral Resources's Operating Income for the six months ended in May. 2024 was £ -0.49 Mil. Alba Mineral Resources's Interest Expense for the six months ended in May. 2024 was £ 0.00 Mil. Alba Mineral Resources 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.


Alba Mineral Resources Interest Expense Historical Data

The historical data trend for Alba Mineral 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.

Alba Mineral Resources Interest Expense Chart

Alba Mineral Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
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Alba Mineral Resources Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 - - - - -

Alba Mineral 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 May. 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.


Alba Mineral Resources  (LSE:ALBA) 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.

Alba Mineral Resources's Interest Expense for the six months ended in May. 2024 was £0.00 Mil. Its Operating Income for the six months ended in May. 2024 was £-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2024 was £0.00 Mil.

Alba Mineral Resources's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Alba Mineral Resources 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.


Alba Mineral Resources Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Alba Mineral Resources PLC is an explorer with a commodity and owns and operates mining projects in Greenland (graphite, ilmenite, and iron ore), Wales (gold), as well as having an investment in the onshore UK oil and gas sector. The Group currently only has one primary reporting business segment, exploration and development. It operates geographically in areas including the Republic of Ireland, Greenland and England & Wales. Its projects include the Clogau Gold project, GreenRoc Mining plc- Amitsoq Graphite project, and also holds rights in properties for lithium exploration projects in Western Australia.

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