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Eurobattery Minerals (NGM:BAT) Interest Expense : kr-7.90 Mil (TTM As of Jun. 2024)


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What is Eurobattery Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eurobattery Minerals's interest expense for the three months ended in Jun. 2024 was kr -1.96 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-7.90 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. Eurobattery Minerals's Operating Income for the three months ended in Jun. 2024 was kr -8.30 Mil. Eurobattery Minerals's Interest Expense for the three months ended in Jun. 2024 was kr -1.96 Mil. Eurobattery Minerals 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.


Eurobattery Minerals Interest Expense Historical Data

The historical data trend for Eurobattery Minerals'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.

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Eurobattery Minerals Interest Expense Chart

Eurobattery Minerals Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - -0.01 - -3.16 -1.50

Eurobattery Minerals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -5.53 - -0.42 -1.96

Eurobattery Minerals 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-7.90 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.


Eurobattery Minerals  (NGM:BAT) 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.

Eurobattery Minerals's Interest Expense for the three months ended in Jun. 2024 was kr-1.96 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr-8.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr0.00 Mil.

Eurobattery Minerals's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Eurobattery Minerals 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.


Eurobattery Minerals Business Description

Traded in Other Exchanges
Address
Strandvagen 7A, Stockholm, SWE, 114 56
Eurobattery Minerals is a Swedish mining company. It has focused on the exploration and development of nickel-cobalt-copper projects in Europe to supply mined raw materials to the battery industry and electric vehicle market.

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