Brazilian Rare Earths (ASX:BRE) Interest Expense : A$ Mil (TTM As of Jun. 2023)

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What is Brazilian Rare Earths Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brazilian Rare Earths's interest expense for the six months ended in Jun. 2023 was A$ -1.43 Mil. Brazilian Rare Earths does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Brazilian Rare Earths's Operating Income for the six months ended in Jun. 2023 was A$ -6.10 Mil. Brazilian Rare Earths's Interest Expense for the six months ended in Jun. 2023 was A$ -1.43 Mil. Brazilian Rare Earths 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.

Brazilian Rare Earths Interest Expense Historical Data

The historical data trend for Brazilian Rare Earths'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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Brazilian Rare Earths Interest Expense Chart

Brazilian Rare Earths Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.23

-30.94

Brazilian Rare Earths Semi-Annual Data
	Dec22	Jun23	Dec23
Interest Expense	-	-1.43	-29.26

Brazilian Rare Earths Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Brazilian Rare Earths (ASX:BRE) 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.

Brazilian Rare Earths's Interest Expense for the six months ended in Jun. 2023 was A$-1.43 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-6.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.00 Mil.

Brazilian Rare Earths's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Brazilian Rare Earths did not have earnings to cover the interest expense.

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

Brazilian Rare Earths (ASX:BRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Brazilian Rare Earths Ltd (ASX:BRE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

X84:Germany X84:Germany

Address

11-15 Labouchere Road, Suite 53, Level 2, South Perth, WA, AUS, 6151

Website

https://www.brazilianrareearths.com

Brazilian Rare Earths Ltd is an Australian-based company focused on exploring rare earth elements and other critical minerals in Brazil. The company owns and operates a district-scale Tier One Rare Earths Province, located in North Eastern Brazil. The company has a project named Rocha da Rocha Critical Minerals which represents one of the exciting critical minerals discoveries globally.

Brazilian Rare Earths (ASX:BRE) Headlines

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