GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ABx Group Ltd (ASX:ABX) » Definitions » Interest Expense

ABx Group (ASX:ABX) Interest Expense : A$-0.19 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is ABx Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ABx Group's interest expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.19 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. ABx Group's Operating Income for the six months ended in Dec. 2023 was A$ -1.86 Mil. ABx Group's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. ABx Group 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.


ABx Group Interest Expense Historical Data

The historical data trend for ABx Group'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.

ABx Group Interest Expense Chart

ABx Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.05 -0.01 -0.04 -

ABx Group 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 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 -0.01 -0.04 - -0.19 -

ABx Group 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 A$-0.19 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.


ABx Group  (ASX:ABX) 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.

ABx Group's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ABx Group 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.


ABx Group (ASX:ABX) Business Description

Traded in Other Exchanges
N/A
Address
Level 5, 52 Phillip Street, Sydney, NSW, AUS, 2000
ABx Group Ltd is a bauxite exploration and development company. It explores and develops bauxite in Queensland, New South Wales, and Tasmania. It operates in the mineral, exploration, and development of resources in Australia. Its projects include Binjour Project, Rare Earth elements and Tasmanian Project.

ABx Group (ASX:ABX) Headlines

No Headlines