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Gold Hydrogen (ASX:GHY) Interest Expense : A$ Mil (TTM As of Jun. 2023)


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What is Gold Hydrogen Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Hydrogen's interest expense for the six months ended in Jun. 2023 was A$ -1.93 Mil. Gold Hydrogen 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. Gold Hydrogen's Operating Income for the six months ended in Jun. 2023 was A$ -2.28 Mil. Gold Hydrogen's Interest Expense for the six months ended in Jun. 2023 was A$ -1.93 Mil. Gold Hydrogen 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.

Gold Hydrogen Interest Expense Historical Data

The historical data trend for Gold Hydrogen'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.

Gold Hydrogen Interest Expense Chart

Gold Hydrogen Annual Data
Trend Jun22 Jun23
Interest Expense
- -1.93

Gold Hydrogen Semi-Annual Data
Jun22 Jun23
Interest Expense - -1.93

Gold Hydrogen Interest Expense Calculation

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

Gold Hydrogen  (ASX:GHY) 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.

Gold Hydrogen's Interest Expense for the six months ended in Jun. 2023 was A$-1.93 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-2.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.06 Mil.

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

Gold Hydrogen 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.

Gold Hydrogen (ASX:GHY) Business Description

Industry
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Traded in Other Exchanges
GHYLF:USA
Address
110 Eagle Street, Suite 3, Level 14, Brisbane, QLD, AUS, 4000
Website
https://www.goldhydrogen.com.au
Gold Hydrogen Ltd engages in the exploration of a natural hydrogen prospective resource in Australia. It holds 100% interest in the Ramsay Project, a Gold Hydrogen exploration project in South Australia.