Trident Royalties (LSE:TRR) Interest Expense : £-3.55 Mil (TTM As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Trident Royalties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trident Royalties's interest expense for the six months ended in Dec. 2023 was £ -1.73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-3.55 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. Trident Royalties's Operating Income for the six months ended in Dec. 2023 was £ -0.86 Mil. Trident Royalties's Interest Expense for the six months ended in Dec. 2023 was £ -1.73 Mil. Trident Royalties did not have earnings to cover the interest expense. 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.

Trident Royalties Interest Expense Historical Data

The historical data trend for Trident Royalties'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.

Trident Royalties Interest Expense Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.02

-0.60

-3.10

-3.54

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial						-0.58	-1.83	-1.25	-1.82	-1.73

Trident Royalties 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 £-3.55 Mil.

Trident Royalties (LSE:TRR) 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.

Trident Royalties's Interest Expense for the six months ended in Dec. 2023 was £-1.73 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-0.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £18.81 Mil.

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

Trident Royalties did not have earnings to cover the interest expense.

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

Trident Royalties (LSE:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (LSE:TRR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TDTRF:USA 5KV:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.