Sandfire Resources (ASX:SFR) Interest Expense : A$-84 Mil (TTM As of Dec. 2023)

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What is Sandfire Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sandfire Resources's interest expense for the six months ended in Dec. 2023 was A$ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-84 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. Sandfire Resources's Operating Income for the six months ended in Dec. 2023 was A$ -29 Mil. Sandfire Resources's Interest Expense for the six months ended in Dec. 2023 was A$ -55 Mil. Sandfire Resources 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.

Sandfire Resources Interest Expense Historical Data

The historical data trend for Sandfire 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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Sandfire Resources Interest Expense Chart

Sandfire Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-2.04

-4.58

-9.84

-22.42

-79.21

Sandfire 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															-0.97	-21.43	-49.73	-29.20	-55.00

Sandfire 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 A$-84 Mil.

Sandfire Resources (ASX:SFR) 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.

Sandfire Resources's Interest Expense for the six months ended in Dec. 2023 was A$-55 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$760 Mil.

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

Sandfire Resources did not have earnings to cover the interest expense.

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

Sandfire Resources (ASX:SFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sandfire Resources Ltd (ASX:SFR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SFRRF:USA S2Z:Germany S2Z:Germany

Address

10 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.sandfire.com.au

Sandfire is a copper-focused mineral exploration and development company. The company's operating segment includes Degrussa operation, MATSA Operations, Black Butte Project, Motheo Operations, Exploration, and Other. The company generates the majority of its revenue from MATSA operation, which consists of the Minas De Aguas Teñidas (MATSA) polymetallic mining complex in Spain, comprising three underground mines and a 4.7Mtpa central processing facility. The mines generate revenue from the sale and delivery of copper, zinc and lead concentrates to customers in Spain. Geographically the company generates the majority of its revenue from Spain.

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