Jangada Mines (LSE:JAN) Interest Expense : £0.00 Mil (TTM As of Jun. 2023)

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What is Jangada Mines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jangada Mines's interest expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 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. Jangada Mines's Operating Income for the six months ended in Jun. 2023 was £ -0.42 Mil. Jangada Mines's Interest Expense for the six months ended in Jun. 2023 was £ 0.00 Mil. Jangada Mines 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.

Jangada Mines Interest Expense Historical Data

The historical data trend for Jangada Mines'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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Jangada Mines Interest Expense Chart

Jangada Mines Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Interest Expense

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-0.03

Jangada Mines Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

Jangada Mines 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Jangada Mines (LSE:JAN) 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.

Jangada Mines's Interest Expense for the six months ended in Jun. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was £-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.00 Mil.

Jangada Mines's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Jangada Mines had no long-term debt ⁽¹⁾.

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

Good Sign:

Jangada Mines PLC has no debt.

Jangada Mines (LSE:JAN) Business Description

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JMU:Germany

Address

Eastcastle House 27-28, Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.jangadamines.com

Jangada Mines PLC is engaged in the exploration and development of PGM mining assets in Brazil. The company's project includes the Pitombeiras project. The Pitombeiras project is contained within a single exploration license covering 1,958 hectares.