Mkango Resources (LSE:MKA) Interest Expense: £-0.23 Mil (TTM As of Mar. 2026)


LSE:MKA Mkango Resources Ltd LSE:MKA
32 GF Score
Price £0.42
! 4 Warning Signs
View Full Analysis

What is Mkango Resources Interest Expense?

Mkango Resources LSE:MKA 32 Interest Expense is £-0.23 Mil as of Mar. 2026. GuruFocus rates LSE:MKA with a GF Score™ of 32/100. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mkango Resources's interest expense for the three months ended in Mar. 2026 was £ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was £-0.23 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. Mkango Resources's Operating Income for the three months ended in Mar. 2026 was £ -1.79 Mil. Mkango Resources's Interest Expense for the three months ended in Mar. 2026 was £ -0.09 Mil. Mkango Resources 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.

Mkango Resources  (LSE:MKA) 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.

Mkango Resources's Interest Expense for the three months ended in Mar. 2026 was £-0.09 Mil. Its Operating Income for the three months ended in Mar. 2026 was £-1.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was £0.73 Mil.

Mkango Resources's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Mkango Resources 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.

Mkango Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Mkango 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.

Mkango Resources Interest Expense Chart

Mkango Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.05 -0.12 -0.14

Mkango Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.01 -0.01 -0.04 -0.09 -0.09
LSE:MKA
32GF Score
Mkango Resources Ltd LSE:MKA
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mkango 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was £-0.23 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £-0.23 Mil mean?
Mkango Resources (LSE:MKA) has a Interest Expense of £-0.23 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mkango Resources and its competitors.
Is Mkango Resources' Interest Expense too high?
Mkango Resources' current Interest Expense is £-0.23 Mil. Overall, Mkango Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Interest Expense compare to competitors?
Mkango Resources' Interest Expense of £-0.23 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mkango Resources and its competitors. Mkango Resources's current Interest Expense is £-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mkango Resources stock overvalued right now?
Mkango Resources (LSE:MKA) has a current Interest Expense of £-0.23 Mil. The current Interest Expense is £-0.23 Mil. Mkango Resources' overall GF Score™ is 32/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mkango Resources (LSE:MKA), the current Interest Expense is £-0.23 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mkango Resources Business Description

Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
32GF Score

Get the complete analysis for LSE:MKA

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.42
Price