WA1 Resources (ASX:WA1) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is WA1 Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WA1 Resources'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. WA1 Resources's Operating Income for the six months ended in Dec. 2023 was A$ -1.81 Mil. WA1 Resources's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. WA1 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.

WA1 Resources Interest Expense Historical Data

The historical data trend for WA1 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.

* Premium members only.

WA1 Resources Interest Expense Chart

WA1 Resources Annual Data

Trend

Jun22

Jun23

Interest Expense

WA1 Resources Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-	-	-	-

WA1 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

WA1 Resources (ASX:WA1) 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.

WA1 Resources's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-1.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

WA1 Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

WA1 Resources 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. WA1 Resources Ltd has enough cash to cover all of its debt. Its financial situation is stable.

WA1 Resources (ASX:WA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » WA1 Resources Ltd (ASX:WA1) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Carrington Street, Level 2, Nedlands, WA, AUS, 6009

Website

https://www.wa1.com.au

WA1 Resources Ltd is a mineral development in Western Australia and the Northern Territory. Its projects include West Arunta, Madura, and Hidden Valley.

WA1 Resources (ASX:WA1) Headlines

No Headlines