GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SolGold PLC (STU:S8F) » Definitions » Interest Expense

SolGold (STU:S8F) Interest Expense : €-11.61 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is SolGold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SolGold's interest expense for the three months ended in Mar. 2024 was € -4.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-11.61 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. SolGold's Operating Income for the three months ended in Mar. 2024 was € -2.18 Mil. SolGold's Interest Expense for the three months ended in Mar. 2024 was € -4.24 Mil. SolGold 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.


SolGold Interest Expense Historical Data

The historical data trend for SolGold'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.

SolGold Interest Expense Chart

SolGold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.38 -8.35 -11.89 -12.18

SolGold Quarterly Data
Jun17 Sep17 Dec17 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
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 -2.80 -3.55 -3.60 -3.78 -4.24

SolGold 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-11.61 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.


SolGold  (STU:S8F) 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.

SolGold's Interest Expense for the three months ended in Mar. 2024 was €-4.24 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-2.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €169.26 Mil.

SolGold's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

SolGold did not have earnings to cover the interest expense.

* 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.


SolGold (STU:S8F) Business Description

Traded in Other Exchanges
Address
1 King Street, London, GBR, EC2V 8AU
SolGold PLC is a developer of an exploration company intended to explore gold and copper mining properties. The company's platform helps in the discovery, definition and development of world-class copper-gold deposits, enabling systematic and discipline exploration of both metals.

SolGold (STU:S8F) Headlines

No Headlines