GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Randgold & Exploration Co Ltd (JSE:RNG) » Definitions » Interest Expense

Randgold & Exploration Co (JSE:RNG) Interest Expense : R0.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Randgold & Exploration Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Randgold & Exploration Co's interest expense for the six months ended in Dec. 2023 was R 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R0.00 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. Randgold & Exploration Co's Operating Income for the six months ended in Dec. 2023 was R -14.34 Mil. Randgold & Exploration Co's Interest Expense for the six months ended in Dec. 2023 was R 0.00 Mil. Randgold & Exploration Co 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.


Randgold & Exploration Co Interest Expense Historical Data

The historical data trend for Randgold & Exploration Co'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.

Randgold & Exploration Co Interest Expense Chart

Randgold & Exploration Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Randgold & Exploration Co 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Randgold & Exploration Co 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 R0.00 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.


Randgold & Exploration Co  (JSE:RNG) 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.

Randgold & Exploration Co's Interest Expense for the six months ended in Dec. 2023 was R0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was R-14.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R0.00 Mil.

Randgold & Exploration Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Randgold & Exploration Co 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:

Randgold & Exploration Co Ltd has no debt.


Randgold & Exploration Co (JSE:RNG) Business Description

Traded in Other Exchanges
Address
114 West Street, Suite 25, Third Floor, Katherine & West Building, Sandown, Sandton, Johannesburg, ZAF, 2196
Randgold & Exploration Co Ltd is an investment holding company with assets in the Gold mining industry. Geographically it operates through the region of South Africa.