Mamba Exploration (ASX:M24) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)

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What is Mamba Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mamba Exploration'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. Mamba Exploration's Operating Income for the six months ended in Dec. 2023 was A$ -0.18 Mil. Mamba Exploration's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Mamba Exploration 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.

Mamba Exploration Interest Expense Historical Data

The historical data trend for Mamba Exploration'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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Mamba Exploration Interest Expense Chart

Mamba Exploration Annual Data

Trend

Sep20

Jun22

Jun23

Interest Expense

Mamba Exploration Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-	-	-	-

Mamba Exploration 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.

Mamba Exploration (ASX:M24) 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.

Mamba Exploration's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

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

Mamba Exploration had no long-term debt ⁽¹⁾.

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. Mamba Exploration Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Mamba Exploration (ASX:M24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mamba Exploration Ltd (ASX:M24) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Richardson Street, Level 2, Perth, WA, AUS, 6005

Website

https://www.mambaexploration.com.au

Mamba Exploration Ltd is engaged in the exploration of nickel, copper, and gold. The company operates in a single geographical segment, Australia. The company has focus on its mineral exploration assets in the Ashburton/Gascoyne, Kimberley, Darling Range, Hyden, and Great Southern regions of Western Australia. The projects in the Ashburton/Gascoyne and Hyden are prospective for Rare Earth Elements (REE) and gold, while the Great Southern are prospective for gold and the Kimberley and Darling Range are prospective for base metals such as copper, nickel, and manganese.

Mamba Exploration (ASX:M24) Headlines

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