Kore Potash (LSE:KP2) Interest Expense : £-0.00 Mil (TTM As of Jun. 2023)

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What is Kore Potash Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kore Potash'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. Kore Potash's Operating Income for the six months ended in Jun. 2023 was £ -0.41 Mil. Kore Potash's Interest Expense for the six months ended in Jun. 2023 was £ -0.00 Mil. Kore Potash 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.

Kore Potash Interest Expense Historical Data

The historical data trend for Kore Potash'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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Kore Potash Interest Expense Chart

Kore Potash Annual Data

Trend

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Dec23

Interest Expense

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-0.01

Kore Potash Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial											-	-	-	-	-

Kore Potash 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.

Kore Potash (LSE:KP2) 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.

Kore Potash'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 £-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £0.00 Mil.

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

Kore Potash did not have earnings to cover the interest expense.

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

Kore Potash (LSE:KP2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kore Potash PLC (LSE:KP2) » Definitions » Interest Expense

Comparable Companies

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KP2:South Africa KP1:Germany KP2:Australia

Address

45 Gresham Street, London, GBR, EC2V 7BG

Website

https://www.korepotash.com

Kore Potash PLC is an exploration and development company operating in a single segment which is mineral exploration in Central Africa. The primary asset of the company is the Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises the Kola sylvinite and carnallite deposits, the Dougou Extension sylvinite deposit, and the Dougou carnallite deposit.

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