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Ballymore Resources (ASX:BMR) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)


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What is Ballymore Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ballymore Resources'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$0.00 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. Ballymore Resources's Operating Income for the six months ended in Dec. 2023 was A$ -0.47 Mil. Ballymore Resources's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. GuruFocus does not calculate Ballymore 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.


Ballymore Resources Interest Expense Historical Data

The historical data trend for Ballymore 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.

Ballymore Resources Interest Expense Chart

Ballymore Resources Annual Data
Trend Jun22 Jun23
Interest Expense
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Ballymore Resources Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
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Ballymore 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 Dec. 2023 adds up the semi-annually 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.


Ballymore Resources  (ASX:BMR) 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.

Ballymore Resources's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.02 Mil.

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

GuruFocus does not calculate Ballymore 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. Ballymore Resources Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Ballymore Resources (ASX:BMR) Business Description

Traded in Other Exchanges
N/A
Address
10 Market Street, Level 6, Suite 606, Brisbane, QLD, AUS, 4000
Ballymore Resources Ltd is an exploration and development company. It is engaged in gold and base metal exploration in Queensland. Its assets are the Dittmer project, the Ruddygore project, the Ravenswood project, Mount Molloy project.