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Power Metal Resources (LSE:POW) Interest Expense : £0.00 Mil (TTM As of Sep. 2023)


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What is Power Metal Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Power Metal Resources's interest expense for the six months ended in Sep. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Power Metal Resources's Operating Income for the six months ended in Sep. 2023 was £ -1.80 Mil. Power Metal Resources's Interest Expense for the six months ended in Sep. 2023 was £ 0.00 Mil. Power Metal Resources 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.


Power Metal Resources Interest Expense Historical Data

The historical data trend for Power Metal 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.

* Premium members only.

Power Metal Resources Interest Expense Chart

Power Metal Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
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Power Metal Resources Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Power Metal 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.


Power Metal Resources  (LSE:POW) 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.

Power Metal Resources's Interest Expense for the six months ended in Sep. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was £-1.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £0.00 Mil.

Power Metal Resources's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Power Metal Resources had no long-term debt (1).

* 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.

Good Sign:

Power Metal Resources PLC has no debt.


Power Metal Resources (LSE:POW) Business Description

Traded in Other Exchanges
Address
3 -7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT
Power Metal Resources PLC is an exploration company and development company based in United Kingdom. It is engaged in the exploration of mineral resources and exploration. The Group is involved in the exploration and exploitation of mineral resources in Africa, Australia, Canada, US and Others.

Power Metal Resources (LSE:POW) Headlines

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