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Marvel Gold (ASX:MVL) Interest Expense : A$0.00 Mil (TTM As of Jun. 2024)


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What is Marvel Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marvel Gold's interest expense for the six months ended in Jun. 2024 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 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. Marvel Gold's Operating Income for the six months ended in Jun. 2024 was A$ -0.38 Mil. Marvel Gold's Interest Expense for the six months ended in Jun. 2024 was A$ 0.00 Mil. Marvel Gold 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.


Marvel Gold Interest Expense Historical Data

The historical data trend for Marvel Gold'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.

Marvel Gold Interest Expense Chart

Marvel Gold Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.51 -1.95 -2.07 -3.63 -

Marvel Gold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Marvel Gold 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 Jun. 2024 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.


Marvel Gold  (ASX:MVL) 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.

Marvel Gold's Interest Expense for the six months ended in Jun. 2024 was A$0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$0.00 Mil.

Marvel Gold's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Marvel Gold had no long-term debt (1).

* 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.

Good Sign:

Marvel Gold Ltd has no debt.


Marvel Gold Business Description

Traded in Other Exchanges
Address
130 Hay Street, Level One, Perth, WA, AUS, 6005
Marvel Gold Ltd is a Mali-focused gold explorer company with advanced gold exploration projects and extensive landholdings in South and West Mali. The project portfolio of the group includes Tabakorole Gold project, Yanfolila Gold project, and Kolondieba Gold project.

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