Tungsten West (LSE:TUN) Interest Expense : £-2.79 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tungsten West Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tungsten West's interest expense for the six months ended in Mar. 2024 was £ -1.77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-2.79 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. Tungsten West's Operating Income for the six months ended in Mar. 2024 was £ -2.23 Mil. Tungsten West's Interest Expense for the six months ended in Mar. 2024 was £ -1.77 Mil. Tungsten West 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.

Tungsten West Interest Expense Historical Data

The historical data trend for Tungsten West'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.

Tungsten West Interest Expense Chart

Tungsten West Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.28

-1.18

-0.91

-0.48

-2.79

Tungsten West Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial				-0.28	-0.29	-0.20	-1.02	-1.77

Tungsten West 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.79 Mil.

Tungsten West (LSE:TUN) 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.

Tungsten West's Interest Expense for the six months ended in Mar. 2024 was £-1.77 Mil. Its Operating Income for the six months ended in Mar. 2024 was £-2.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was £1.80 Mil.

Tungsten West's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Tungsten West did not have earnings to cover the interest expense.

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

Tungsten West Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tungsten West PLC (LSE:TUN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

540:Germany

Address

Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS

Website

https://www.tungstenwest.com

Tungsten West PLC owns and operates historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon, England. It has a compliant Mineral Resource of approximately 325Mt at 0.12 per cent. WO3. The company's main country of operation is the United Kingdom.

Tungsten West Headlines

No Headlines