Maximus Resources (FRA:M5F) Interest Expense : €0.00 Mil (TTM As of Dec. 2023)

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What is Maximus Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maximus Resources's interest expense for the six months ended in Dec. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €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. Maximus Resources's Operating Income for the six months ended in Dec. 2023 was € -0.35 Mil. Maximus Resources's Interest Expense for the six months ended in Dec. 2023 was € 0.00 Mil. Maximus 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.

Maximus Resources Interest Expense Historical Data

The historical data trend for Maximus 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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Maximus Resources Interest Expense Chart

Maximus Resources Annual Data

Trend

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Interest Expense

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-0.01

Maximus Resources Semi-Annual Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Maximus 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 €0.00 Mil.

Maximus Resources (FRA:M5F) 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.

Maximus Resources's Interest Expense for the six months ended in Dec. 2023 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

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

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

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

Good Sign:

Maximus Resources Ltd has no debt.

Maximus Resources Business Description

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MXR:Australia

Address

198 Greenhill Road, Suite 12, Eastwood, SA, AUS, 5063

Website

http://www.maximusresources.com

Maximus Resources Ltd explores and develops natural resource properties in Australia. It explores for gold, copper, nickel, and platinum group element deposits. The company holds interests in the Spargoville project in the south of the regional mining center of Kalgoorlie; and Bird in Hand project in the east of the Adelaide Hills township of Woodside. The company's projects include Wattle Dam, Redback Prospect, Larkinville and Eagles Nest.

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