White Energy Co (ASX:WEC) Interest Expense : A$-1.96 Mil (TTM As of Dec. 2023)

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What is White Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. White Energy Co's interest expense for the six months ended in Dec. 2023 was A$ -1.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.96 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. White Energy Co's Operating Income for the six months ended in Dec. 2023 was A$ -4.98 Mil. White Energy Co's Interest Expense for the six months ended in Dec. 2023 was A$ -1.01 Mil. White Energy Co 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.

White Energy Co Interest Expense Historical Data

The historical data trend for White Energy Co'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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White Energy Co Interest Expense Chart

White Energy Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-1.98

-1.91

-1.73

-1.80

-1.94

White Energy Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.90	-0.90	-0.98	-0.95	-1.01

White Energy Co 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$-1.96 Mil.

White Energy Co (ASX:WEC) 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.

White Energy Co's Interest Expense for the six months ended in Dec. 2023 was A$-1.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-4.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

White Energy Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

White Energy Co did not have earnings to cover the interest expense.

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

White Energy Co (ASX:WEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » White Energy Co Ltd (ASX:WEC) » Definitions » Interest Expense

Traded in Other Exchanges

WECFF:USA XPK:Germany

Address

167 Eagle Street, Level 7, Brisbane, QLD, AUS, 4000

Website

https://www.whiteenergyco.com

White Energy Co Ltd engages in the development and exploitation of binderless coal briquetting technology. It operates through the following segments: Coal Technology in Australia; Asia, South Africa, Coal Mining in the USA, UK and Mining Exploration in Australia. The company generates maximum revenue from Coal Technology in Australia segment. The Projects of the company involve: River Energy Joint Venture, Mountainside Coal Company Inc, Buckskin Project, Peabody Project Cessnock Research and Development and South Australian Coal.