Vulcan Energy Resources (XTER:VUL) Interest Expense : €-0.14 Mil (TTM As of Jun. 2024)

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What is Vulcan Energy Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vulcan Energy Resources's interest expense for the six months ended in Jun. 2024 was € -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.14 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. Vulcan Energy Resources's Operating Income for the six months ended in Jun. 2024 was € -30.11 Mil. Vulcan Energy Resources's Interest Expense for the six months ended in Jun. 2024 was € -0.09 Mil. Vulcan Energy 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.

Vulcan Energy Resources Interest Expense Historical Data

The historical data trend for Vulcan Energy 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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Vulcan Energy Resources Interest Expense Chart

Vulcan Energy Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Dec23

Interest Expense

-0.17

Vulcan Energy Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial							-	-0.12	-0.12	-0.05	-0.09

Vulcan Energy 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.14 Mil.

Vulcan Energy Resources (XTER:VUL) 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.

Vulcan Energy Resources's Interest Expense for the six months ended in Jun. 2024 was €-0.09 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-30.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €3.00 Mil.

Vulcan Energy Resources's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Vulcan Energy Resources did not have earnings to cover the interest expense.

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

Vulcan Energy Resources Business Description

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VULNF:USA 6KO:Bulgaria VUL:Australia

Address

267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000

Website

https://v-er.eu

Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.

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