Horizonte Minerals (LSE:HZM) Interest Expense : £5.00 Mil (TTM As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Horizonte Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Horizonte Minerals's interest expense for the three months ended in Jun. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £5.00 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. Horizonte Minerals's Operating Income for the three months ended in Jun. 2023 was £ 0.00 Mil. Horizonte Minerals's Interest Expense for the three months ended in Jun. 2023 was £ 0.00 Mil. GuruFocus does not calculate Horizonte Minerals's interest coverage with the available data. 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.

Horizonte Minerals Interest Expense Historical Data

The historical data trend for Horizonte Minerals'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.

Horizonte Minerals Interest Expense Chart

Horizonte Minerals Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-0.18

-0.35

1.68

4.75

5.11

Horizonte Minerals Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															2.32	2.26	2.47	-2.04	-

Horizonte Minerals 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was £5.00 Mil.

Horizonte Minerals (LSE:HZM) 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.

Horizonte Minerals's Interest Expense for the three months ended in Jun. 2023 was £0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was £248.40 Mil.

Horizonte Minerals's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

GuruFocus does not calculate Horizonte Minerals's interest coverage with the available data.

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

Horizonte Minerals (LSE:HZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Horizonte Minerals PLC (LSE:HZM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HZMMF:USA H5W0:Germany HZM:Canada

Address

4-12 Regents Street, Rex House, London, GBR, SW1Y 4RG

Website

https://www.horizonteminerals.com

Horizonte Minerals PLC is a United Kingdoms based identification, acquisition, exploration, and development of mineral projects. It engaged in nickel development and mainly focuses on Brazil. It owns and operates the Araguaia Nickel Laterite project located south of the Carajas mining district, northeast Brazil, and the Vermelho Nickel-Cobalt project located in the Carajas region, north-eastern Brazil. The nickel produced by the company is used in stainless steel and electric vehicles. It is principally developing Araguaia as the next nickel mine in Brazil.

Horizonte Minerals (LSE:HZM) Headlines

No Headlines