Core Lithium (ASX:CXO) Interest Expense : A$-3.4 Mil (TTM As of Dec. 2023)

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What is Core Lithium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Core Lithium's interest expense for the six months ended in Dec. 2023 was A$ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.4 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. Core Lithium's Operating Income for the six months ended in Dec. 2023 was A$ -98.4 Mil. Core Lithium's Interest Expense for the six months ended in Dec. 2023 was A$ -1.5 Mil. Core 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.

Core Lithium Interest Expense Historical Data

The historical data trend for Core 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.

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Core Lithium Interest Expense Chart

Core Lithium Annual Data

Trend

Jun14

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Jun23

Interest Expense

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-0.10

-1.25

Core Lithium Semi-Annual Data
	Jun14	Dec14	Jun15	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															-	-0.10	-0.33	-1.94	-1.45

Core 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$-3.4 Mil.

Core Lithium (ASX:CXO) 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.

Core Lithium's Interest Expense for the six months ended in Dec. 2023 was A$-1.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-98.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$3.3 Mil.

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

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

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

Core Lithium (ASX:CXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Core Lithium Ltd (ASX:CXO) » Definitions » Interest Expense

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CXOXF:USA 7CX:Germany

Address

2 Mill Street, Level 9, Perth, WA, AUS, 6000

Website

https://www.corelithium.com.au

Core Lithium Ltd is a lithium exploration company. The company is engaged in the exploration of lithium, and copper deposits in the Northern Territory and South Australia. Its projects include Finniss Lithium Project, and copper, zinc, and lead projects. Its segment includes Finniss Lithium Project mining, crushing and processing operations and Exploration: exploration and evaluation of primarily Lithium mineralisation. It generates majority of its revenue from Finniss Lithium Project operations segment.