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Cornish Metals (LSE:CUSN) Interest Expense : £-0.28 Mil (TTM As of Dec. 2024)


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What is Cornish Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cornish Metals's interest expense for the three months ended in Dec. 2024 was £ -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-0.28 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. Cornish Metals's Operating Income for the three months ended in Dec. 2024 was £ -1.30 Mil. Cornish Metals's Interest Expense for the three months ended in Dec. 2024 was £ -0.28 Mil. Cornish Metals 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.


Cornish Metals Interest Expense Historical Data

The historical data trend for Cornish 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.

Cornish Metals Interest Expense Chart

Cornish Metals Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.17 -0.01 - -0.28

Cornish Metals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24 Jun24 Sep24 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 - - - - -0.28

Cornish 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was £-0.28 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.


Cornish Metals  (LSE:CUSN) 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.

Cornish Metals's Interest Expense for the three months ended in Dec. 2024 was £-0.28 Mil. Its Operating Income for the three months ended in Dec. 2024 was £-1.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was £0.00 Mil.

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

Cornish Metals 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.


Cornish Metals Business Description

Traded in Other Exchanges
Address
1056 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

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