Los Cerros (LSE:MNC) Interest Expense : £-0.00 Mil (TTM As of Jun. 2024)

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What is Los Cerros Interest Expense?

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

Los Cerros Interest Expense Historical Data

The historical data trend for Los Cerros'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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Los Cerros Interest Expense Chart

Los Cerros Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.04

-0.01

Los Cerros Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-	-0.01	-	-	-

Los Cerros 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.00 Mil.

Los Cerros (LSE:MNC) 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.

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

Los Cerros's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Los Cerros did not have earnings to cover the interest expense.

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

Los Cerros Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Los Cerros Ltd (LSE:MNC) » Definitions » Interest Expense

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LCL:Australia

Address

Level 3, 88 William Street, West Perth, Perth, WA, AUS, 6000

Website

https://www.lclresources.au/site/content

LCL Resources Ltd is an exploration and mining company that explores and develops mineral prospects located in Peru, South America. Its portfolio of exploration projects focuses on copper, molybdenum, gold, and zinc. The company holds an interest in a portfolio of base and precious metal projects that are located within well-constrained metallogenic belts associated with the Andean Cordillera in Chile and Peru. The company's portfolio of projects includes Quinchia Gold project in Colombia, Miraflores project in Quinchia, and Andes project.

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