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Lifezone Metals (Lifezone Metals) Interest Expense : $-0.26 Mil (TTM As of Mar. 2024)


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What is Lifezone Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lifezone Metals's interest expense for the three months ended in Mar. 2024 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.26 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. Lifezone Metals's Operating Income for the three months ended in Mar. 2024 was $ -4.04 Mil. Lifezone Metals's Interest Expense for the three months ended in Mar. 2024 was $ -0.10 Mil. Lifezone Metals 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.

Lifezone Metals Interest Expense Historical Data

The historical data trend for Lifezone Metals'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.

Lifezone Metals Interest Expense Chart

Lifezone Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.16 -0.27 -0.21

Lifezone Metals Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.05 -0.04 -0.06 -0.06 -0.10

Lifezone Metals 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 quarterly data reported by the company within the most recent 12 months, which was $-0.26 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.

Lifezone Metals  (NYSE:LZM) 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.

Lifezone Metals's Interest Expense for the three months ended in Mar. 2024 was $-0.10 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-4.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Lifezone Metals 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.

Lifezone Metals (Lifezone Metals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lifezone Metals Ltd (NYSE:LZM) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1 Bowring Road, Commerce House, Ramsey, IMN, IM8 2TF
Website
https://www.lifezonemetals.com
Lifezone Metals Ltd is a modern pre-development exploration-stage metals company. Its business consists of two segments namely metals extraction and refining business and intellectual property licensing business.