GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MetalNRG PLC (LSE:MNRG) » Definitions » Interest Expense

MetalNRG (LSE:MNRG) Interest Expense : £-0.09 Mil (TTM As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is MetalNRG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MetalNRG's interest expense for the six months ended in Dec. 2023 was £ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.09 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. MetalNRG's Operating Income for the six months ended in Dec. 2023 was £ -1.05 Mil. MetalNRG's Interest Expense for the six months ended in Dec. 2023 was £ -0.07 Mil. MetalNRG 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.


MetalNRG Interest Expense Historical Data

The historical data trend for MetalNRG'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.

MetalNRG Interest Expense Chart

MetalNRG Annual Data
Trend Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - -0.02 -0.14 -0.09

MetalNRG Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -0.02 -0.07

MetalNRG 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.09 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.


MetalNRG  (LSE:MNRG) 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.

MetalNRG's Interest Expense for the six months ended in Dec. 2023 was £-0.07 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-1.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.02 Mil.

MetalNRG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

MetalNRG 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.


MetalNRG (LSE:MNRG) Business Description

Traded in Other Exchanges
N/A
Address
1 Ely Place, London, GBR, EC1N 6RY
MetalNRG PLC is an investment holding company that invests mainly in companies engaged in the natural resources sector. It has oil and gas projects in Romania and United Kingdom. Its other mining projects include Lake Victoria, IMC Uranium project, and Goldridge in the United States.

MetalNRG (LSE:MNRG) Headlines

No Headlines