NICOF (NICO Resources) Interest Expense : $-0.00 Mil (TTM As of Dec. 2024)

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What is NICO Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NICO Resources's interest expense for the six months ended in Dec. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. NICO Resources's Operating Income for the six months ended in Dec. 2024 was $ -0.82 Mil. NICO Resources's Interest Expense for the six months ended in Dec. 2024 was $ -0.00 Mil. NICO 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.

NICO Resources Interest Expense Historical Data

The historical data trend for NICO 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.

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NICO Resources Interest Expense Chart

NICO Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Interest Expense

-0.01

NICO Resources Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial			-	-0.01	-	-	-

NICO 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.00 Mil.

NICO Resources (OTCPK:NICOF) 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.

NICO Resources's Interest Expense for the six months ended in Dec. 2024 was $-0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $0.00 Mil.

NICO Resources's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

NICO Resources did not have earnings to cover the interest expense.

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

NICO Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NICO Resources Ltd (OTCPK:NICOF) » Definitions » Interest Expense

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NC1:Australia

Address

190 St Georges Terrace, Level 6, Perth, WA, AUS, 6000

Website

https://www.nicoresources.com.au

NICO Resources Ltd is engaged in exploring, developing, evaluating, acquiring, and exploiting mineral resource project opportunities. It operates in one geographical segment being Australia.

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