i-80 Gold (TSX:IAU) Interest Expense : C$-41.25 Mil (TTM As of Mar. 2024)

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What is i-80 Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. i-80 Gold's interest expense for the three months ended in Mar. 2024 was C$ -11.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-41.25 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. i-80 Gold's Operating Income for the three months ended in Mar. 2024 was C$ -16.10 Mil. i-80 Gold's Interest Expense for the three months ended in Mar. 2024 was C$ -11.21 Mil. i-80 Gold 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.

i-80 Gold Interest Expense Historical Data

The historical data trend for i-80 Gold'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.

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i-80 Gold Interest Expense Chart

i-80 Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.94

-23.28

-37.80

i-80 Gold Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-7.90	-9.24	-9.70	-11.10	-11.21

i-80 Gold 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 C$-41.25 Mil.

i-80 Gold (TSX:IAU) 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.

i-80 Gold's Interest Expense for the three months ended in Mar. 2024 was C$-11.21 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-16.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$120.81 Mil.

i-80 Gold's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

i-80 Gold did not have earnings to cover the interest expense.

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

i-80 Gold (TSX:IAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » i-80 Gold Corp (TSX:IAU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IAUX:USA 8JI:Germany

Address

1100 Russell Street, Thunder Bay, ON, CAN, P7B 5N2

Website

https://www.i80gold.com

i-80 Gold Corp is a well-financed gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. The company's primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.

Executives

John Seaman

Director