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Northam Platinum Holdings (JSE:NPH) Interest Expense : R-2,088 Mil (TTM As of Dec. 2023)


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What is Northam Platinum Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northam Platinum Holdings's interest expense for the six months ended in Dec. 2023 was R -890 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R-2,088 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. Northam Platinum Holdings's Operating Income for the six months ended in Dec. 2023 was R 2,428 Mil. Northam Platinum Holdings's Interest Expense for the six months ended in Dec. 2023 was R -890 Mil. Northam Platinum Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 2.73. 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.


Northam Platinum Holdings Interest Expense Historical Data

The historical data trend for Northam Platinum Holdings'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.

Northam Platinum Holdings Interest Expense Chart

Northam Platinum Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Interest Expense
-530.94 -598.30 -1,309.85 -2,116.85

Northam Platinum Holdings Semi-Annual Data
Jun18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -467.71 -842.14 -918.37 -1,198.47 -889.50

Northam Platinum Holdings 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 R-2,088 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.


Northam Platinum Holdings  (JSE:NPH) 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.

Northam Platinum Holdings's Interest Expense for the six months ended in Dec. 2023 was R-890 Mil. Its Operating Income for the six months ended in Dec. 2023 was R2,428 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R10,195 Mil.

Northam Platinum Holdings'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*2428.149/-889.504
=2.73

* 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.


Northam Platinum Holdings (JSE:NPH) Business Description

Traded in Other Exchanges
Address
Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Waterfall City, GT, ZAF, 2090
Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary products are the three PGMs, platinum, palladium, and rhodium. The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine, Booysendal mine, Eland mine, and the US recycling operations.

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