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Equinox Resources (ASX:EQN) Interest Expense : A$0.00 Mil (TTM As of Jun. 2023)


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What is Equinox Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Equinox Resources's interest expense for the three months ended in Jun. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was A$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. Equinox Resources's Operating Income for the three months ended in Jun. 2023 was A$ 0.00 Mil. Equinox Resources's Interest Expense for the three months ended in Jun. 2023 was A$ 0.00 Mil. GuruFocus does not calculate Equinox Resources's interest coverage with the available data. 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.


Equinox Resources Interest Expense Historical Data

The historical data trend for Equinox 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.

Equinox Resources Interest Expense Chart

Equinox Resources Annual Data
Trend Jun22 Jun23
Interest Expense
- -

Equinox Resources Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense - - - - -

Equinox 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was A$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.


Equinox Resources  (ASX:EQN) 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.

Equinox Resources's Interest Expense for the three months ended in Jun. 2023 was A$0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was A$0.07 Mil.

Equinox Resources's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

GuruFocus does not calculate Equinox Resources's interest coverage with the available data.

* 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. Equinox Resources Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Equinox Resources (ASX:EQN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
182 St George's Terrace, Level 50, Perth, WA, AUS, 6000
Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

Equinox Resources (ASX:EQN) Headlines

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