Atalaya Mining (LSE:ATYM) Interest Expense : £-2.9 Mil (TTM As of Dec. 2023)

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What is Atalaya Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atalaya Mining's interest expense for the three months ended in Dec. 2023 was £ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-2.9 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. Atalaya Mining's Operating Income for the three months ended in Dec. 2023 was £ 2.8 Mil. Atalaya Mining's Interest Expense for the three months ended in Dec. 2023 was £ -0.8 Mil. Atalaya Mining's Interest Coverage for the quarter that ended in Dec. 2023 was 3.40. 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.

Atalaya Mining Interest Expense Historical Data

The historical data trend for Atalaya Mining'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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Atalaya Mining Interest Expense Chart

Atalaya Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.08

-0.31

-1.63

-0.91

-2.86

Atalaya Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															0.37	-0.94	-0.59	-0.52	-0.83

Atalaya Mining 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 quarterly data reported by the company within the most recent 12 months, which was £-2.9 Mil.

Atalaya Mining (LSE:ATYM) 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.

Atalaya Mining's Interest Expense for the three months ended in Dec. 2023 was £-0.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was £2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was £17.2 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2.802	/	-0.825
	=	3.40

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

Atalaya Mining (LSE:ATYM) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atalaya Mining PLC (LSE:ATYM) » Definitions » Interest Expense

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ATLMF:USA E5S1:Germany

Address

1 Lampousa Street, Nicosia, CYP, 1095

Website

https://www.atalayamining.com

Atalaya Mining PLC is a European mining and development company. The strategy is to evaluate and prioritise metal production opportunities in several jurisdictions throughout the well-known belts of base and precious metal mineralisation in Spain, elsewhere in European and Latin America. The Group currently owns four mining projects, namely, Proyecto Riotinto, Proyecto Touro, Proyecto Masa Valverde and Proyecto Ossa Morena. In addition, the company has an earn-in agreement to acquire three investigation permits at Proyecto Riotinto Este. The Group's mining activities are located in Spain.

Atalaya Mining (LSE:ATYM) Headlines

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