Thor Energy (Thor Energy) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)

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What is Thor Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thor Energy's interest expense for the six months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01 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. Thor Energy's Operating Income for the six months ended in Dec. 2023 was $ -0.46 Mil. Thor Energy's Interest Expense for the six months ended in Dec. 2023 was $ -0.01 Mil. Thor Energy 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.

Thor Energy Interest Expense Historical Data

The historical data trend for Thor Energy'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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Thor Energy Interest Expense Chart

Thor Energy Annual Data

Trend

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Jun23

Interest Expense

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-0.01

Thor Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.01

Thor Energy 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Thor Energy (OTCPK:THORF) 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.

Thor Energy's Interest Expense for the six months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.03 Mil.

Thor Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Thor Energy did not have earnings to cover the interest expense.

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

Thor Energy (Thor Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thor Energy PLC (OTCPK:THORF) » Definitions » Interest Expense

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THR:UK T5MB:Germany THR:Australia

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.thorenergyplc.com

Thor Energy PLC is a uranium and energy metals resource company. It is focused on uranium and energy metals that are crucial in the shift to a green energy economy. Thor has prospective projects that give exposure to uranium, nickel, copper, lithium and gold minerals. The group's projects are located in Australia and the USA.

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