Vast Resources (LSE:VAST) Interest Expense: £-0.81 Mil (TTM As of Oct. 2025)


What is Vast Resources Interest Expense?

Vast Resources LSE:VAST Interest Expense is £-0.81 Mil as of Oct. 2025. 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. Vast Resources's interest expense for the six months ended in Oct. 2025 was £ -0.64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2025 was £-0.81 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. Vast Resources's Operating Income for the six months ended in Oct. 2025 was £ -2.62 Mil. Vast Resources's Interest Expense for the six months ended in Oct. 2025 was £ -0.64 Mil. Vast 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.

Vast Resources  (LSE:VAST) 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.

Vast Resources's Interest Expense for the six months ended in Oct. 2025 was £-0.64 Mil. Its Operating Income for the six months ended in Oct. 2025 was £-2.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2025 was £0.00 Mil.

Vast Resources's Interest Coverage for the quarter that ended in Oct. 2025 is calculated as

Vast 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.

Vast Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Vast 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.

Vast Resources Interest Expense Chart

Vast Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.53 -1.92 -1.61 -2.00 -0.65

Vast Resources Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 -0.97 -1.06 -0.49 -0.17 -0.64

Vast 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 Oct. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.81 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 £-0.81 Mil mean?
Vast Resources (LSE:VAST) has a Interest Expense of £-0.81 Mil as of Oct. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Vast Resources and its competitors.
Is Vast Resources' Interest Expense too high?
Vast Resources' current Interest Expense is £-0.81 Mil.
How does Vast Resources' Interest Expense compare to competitors?
Vast Resources' Interest Expense of £-0.81 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 Vast Resources and its competitors. Vast Resources's current Interest Expense is £-0.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Resources stock overvalued right now?
Vast Resources (LSE:VAST) has a current Interest Expense of £-0.81 Mil. The current Interest Expense is £-0.81 Mil. 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 Vast Resources (LSE:VAST), the current Interest Expense is £-0.81 Mil as of Oct. 2025. 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.

Vast Resources Business Description

Address c/o Arch Law Limited, 8 Bishopsgate, Huckletree Bishopsgate, London, GBR, EC2N 4BQ
Vast Resources PLC is focused on key mining opportunities in Romania, Zimbabwe and Tajikistan. The Group operates in one business segment, the development and mining of mineral assets. It is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa. It has earned revenue from Europe and Central Asia.