Ramelius Resources (ASX:RMS) Interest Expense : A$-3.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Ramelius Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ramelius Resources's interest expense for the six months ended in Dec. 2023 was A$ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.5 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. Ramelius Resources's Operating Income for the six months ended in Dec. 2023 was A$ 59.6 Mil. Ramelius Resources's Interest Expense for the six months ended in Dec. 2023 was A$ -1.7 Mil. Ramelius Resources's Interest Coverage for the quarter that ended in Dec. 2023 was 34.98. 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.

Ramelius Resources Interest Expense Historical Data

The historical data trend for Ramelius 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.

Ramelius Resources Interest Expense Chart

Ramelius Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-2.19

-3.02

-2.48

-1.70

-3.70

Ramelius Resources 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															-0.65	-1.05	-1.87	-1.83	-1.70

Ramelius 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$-3.5 Mil.

Ramelius Resources (ASX:RMS) 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.

Ramelius Resources's Interest Expense for the six months ended in Dec. 2023 was A$-1.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$59.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$3.8 Mil.

Ramelius Resources'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	*	59.564	/	-1.703
	=	34.98

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

Ramelius Resources (ASX:RMS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RMLRF:USA RRZ:Germany

Address

130 Royal Street, Level 1, East Perth, Perth, WA, AUS, 6004

Website

https://www.rameliusresources.com.au

Ramelius Resources Ltd is a gold exploration and production company with exploration activities focused in Western Australia. The company also explores for base metals. Its projects include Edna May Gold Mine; Mount Magnet Goldmine; Vivien Gold Mine. The company generates maximum revenue from Edna May Goldmine project.

Ramelius Resources (ASX:RMS) Headlines

No Headlines