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Sumo Resources (XPAR:MLSUM) Interest Expense : €0.00 Mil (TTM As of Dec. 2022)


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What is Sumo Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sumo Resources's interest expense for the six months ended in Dec. 2022 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Sumo Resources's Operating Income for the six months ended in Dec. 2022 was € -0.01 Mil. Sumo Resources's Interest Expense for the six months ended in Dec. 2022 was € 0.00 Mil. Sumo Resources has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Sumo Resources Interest Expense Historical Data

The historical data trend for Sumo 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.

* Premium members only.

Sumo Resources Interest Expense Chart

Sumo Resources Annual Data
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Interest Expense
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Sumo Resources Semi-Annual Data
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Sumo Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was €0.00 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.


Sumo Resources  (XPAR:MLSUM) 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.

Sumo Resources's Interest Expense for the six months ended in Dec. 2022 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.00 Mil.

Sumo Resources's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Sumo Resources had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sumo Resources PLC has enough cash to cover all of its debt. Its financial situation is stable.


Sumo Resources (XPAR:MLSUM) Business Description

Traded in Other Exchanges
N/A
Address
34 Landguard Road, Southampton, Southampton, Hampshire, GBR, SO15 5DP
Sumo Resources PLC is a rare minerals trading and extraction company operating in frontier regions. Its current mineral focus is Tantalum and Niobium.

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