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Viridis Mining and Minerals (ASX:VMM) Interest Expense : A$-0.00 Mil (TTM As of Dec. 2023)


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What is Viridis Mining and Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Viridis Mining and Minerals'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. Viridis Mining and Minerals's Operating Income for the six months ended in Dec. 2023 was A$ -3.80 Mil. Viridis Mining and Minerals's Interest Expense for the six months ended in Dec. 2023 was A$ -0.00 Mil. Viridis Mining and Minerals 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.

Viridis Mining and Minerals Interest Expense Historical Data

The historical data trend for Viridis Mining and Minerals'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.

Viridis Mining and Minerals Interest Expense Chart

Viridis Mining and Minerals Annual Data
Trend Jun21 Jun22 Jun23
Interest Expense
- - -

Viridis Mining and Minerals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Interest Expense - - - -

Viridis Mining and Minerals 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.

* 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.

Viridis Mining and Minerals  (ASX:VMM) 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.

Viridis Mining and Minerals's Interest Expense for the six months ended in Dec. 2023 was A$-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-3.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.04 Mil.

Viridis Mining and Minerals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Viridis Mining and Minerals 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.

Viridis Mining and Minerals (ASX:VMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Viridis Mining and Minerals Ltd (ASX:VMM) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
108 St Georges Terrace, Level 50, Perth, WA, AUS, 6000
Website
https://www.viridismining.com.au
Viridis Mining and Minerals Ltd is a mineral exploration company. It operates in the geographical areas of Australia and Canada. The company's projects include South Kitikmeot Gold Project, which the company considers to be prospective for gold, the Boddington West Project, which the company considers to be prospective for gold, the Bindoon Project, which the Company considers to be prospective for nickel, copper and platinum group elements, Poochera Project and Smoky Halloysite Project, which the Company considers to be prospective for kaolin-halloysite.