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Arizona Lithium (ASX:AZL) Interest Expense : A$-0.07 Mil (TTM As of Dec. 2023)


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What is Arizona Lithium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arizona Lithium's interest expense for the six months ended in Dec. 2023 was A$ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.07 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. Arizona Lithium's Operating Income for the six months ended in Dec. 2023 was A$ -13.30 Mil. Arizona Lithium's Interest Expense for the six months ended in Dec. 2023 was A$ -0.07 Mil. Arizona Lithium 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.


Arizona Lithium Interest Expense Historical Data

The historical data trend for Arizona Lithium'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.

Arizona Lithium Interest Expense Chart

Arizona Lithium Annual Data
Trend Jun11 Jun12 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Arizona Lithium Semi-Annual Data
Dec12 Dec13 Dec14 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 - - -0.08 - -0.07

Arizona Lithium 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$-0.07 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.


Arizona Lithium  (ASX:AZL) 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.

Arizona Lithium's Interest Expense for the six months ended in Dec. 2023 was A$-0.07 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-13.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$1.69 Mil.

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

Arizona Lithium did not have earnings to cover the interest expense.

* 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.


Arizona Lithium (ASX:AZL) Business Description

Traded in Other Exchanges
Address
10 Outram Street, West Perth, Perth, WA, AUS, 6005
Arizona Lithium Ltd is an Australian company focused on the development and exploration of its US lithium assets. The company is engaged in the development of its Big Sandy Lithium Project in Arizona and Lordsburg Lithium Project in New Mexico.

Arizona Lithium (ASX:AZL) Headlines

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