Pan African Resources (Pan African Resources) Interest Expense : $-10.8 Mil (TTM As of Dec. 2023)

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What is Pan African Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pan African Resources's interest expense for the six months ended in Dec. 2023 was $ -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.8 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. Pan African Resources's Operating Income for the six months ended in Dec. 2023 was $ 71.6 Mil. Pan African Resources's Interest Expense for the six months ended in Dec. 2023 was $ -5.6 Mil. Pan African Resources's Interest Coverage for the quarter that ended in Dec. 2023 was 12.91. 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.

Pan African Resources Interest Expense Historical Data

The historical data trend for Pan African Resources'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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Pan African Resources Interest Expense Chart

Pan African Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-13.04

-13.34

-7.68

-6.27

-8.64

Pan African Resources 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															-2.88	-3.39	-3.44	-5.20	-5.55

Pan African Resources 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 $-10.8 Mil.

Pan African Resources (OTCPK:PAFRF) 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.

Pan African Resources's Interest Expense for the six months ended in Dec. 2023 was $-5.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was $71.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $91.9 Mil.

Pan African Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	71.645	/	-5.551
	=	12.91

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

Pan African Resources (Pan African Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan African Resources PLC (OTCPK:PAFRF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PAN:South Africa PAFRY:USA PAF:UK PAF:UK RTZ:Germany

Address

The Firs Office Building, 2nd Floor, Office 204, Corner Cradock and Biermann Avenues, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.panafricanresources.com

Pan African Resources PLC is a precious metals producer based in the United Kingdom. It operates metal mines in South Africa and derives revenue principally through the mining, extraction, and sale of gold. The company conducts its business through the operation of mining projects in various parts of South Africa, such as Barberton Mines, a gold mining project, Phoenix Platinum, and Uitkomst Colliery, located in Newcastle which sell coal to local and export markets. It also operates growth projects, including PAR Gold Proprietary Limited, which derives revenue from providing management and administration services to other group companies.

Pan African Resources (Pan African Resources) Headlines

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