Haranga Resources (ASX:HAR) Interest Expense : A$0.00 Mil (TTM As of Jun. 2023)

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What is Haranga Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Haranga Resources's interest expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Haranga Resources's Operating Income for the six months ended in Jun. 2023 was A$ -1.44 Mil. Haranga Resources's Interest Expense for the six months ended in Jun. 2023 was A$ 0.00 Mil. Haranga Resources has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Haranga Resources Interest Expense Historical Data

The historical data trend for Haranga 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.

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Haranga Resources Interest Expense Chart

Haranga Resources Annual Data

Trend

Dec22

Dec23

Interest Expense

Haranga Resources Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-	-	-	-

Haranga 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Haranga Resources (ASX:HAR) 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.

Haranga Resources's Interest Expense for the six months ended in Jun. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-1.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.00 Mil.

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

Haranga Resources had no long-term debt ⁽¹⁾.

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

Good Sign:

Haranga Resources Ltd has no debt.

Haranga Resources (ASX:HAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Haranga Resources Ltd (ASX:HAR) » Definitions » Interest Expense

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65E0:Germany

Address

63 Shepperton Road, Suite 7, Victoria Park, WA, AUS, 6100

Website

https://www.haranga.com

Haranga Resources Ltd is engaged in exploring gold and uranium assets in West Africa. Its project portfolio includes Issia Gold Project, Burkina Faso, Uranium Today, and Saraya Uranium Project.

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