Codrus Minerals (ASX:CDR) Interest Expense : A$-0.01 Mil (TTM As of Dec. 2023)

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What is Codrus Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Codrus Minerals's interest expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-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. Codrus Minerals's Operating Income for the six months ended in Dec. 2023 was A$ -1.06 Mil. Codrus Minerals's Interest Expense for the six months ended in Dec. 2023 was A$ -0.01 Mil. Codrus Minerals 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.

Codrus Minerals Interest Expense Historical Data

The historical data trend for Codrus Minerals'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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Codrus Minerals Interest Expense Chart

Codrus Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

Codrus Minerals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-0.01

Codrus Minerals 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$-0.01 Mil.

Codrus Minerals (ASX:CDR) 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.

Codrus Minerals's Interest Expense for the six months ended in Dec. 2023 was A$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.10 Mil.

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

Codrus Minerals did not have earnings to cover the interest expense.

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

Codrus Minerals (ASX:CDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Codrus Minerals Ltd (ASX:CDR) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

16 Altona Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.codrusminerals.com.au

Codrus Minerals Ltd is an Australia-based gold exploration company. It has an interest in Silver Swan South, Red Gate, and Middle Creek Projects in Western Australia. It also has interests in the Bull Run project located in baker county, United States.