B (Barrick Mining) Interest Expense : $-378 Mil (TTM As of Mar. 2025)

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What is Barrick Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Barrick Mining's interest expense for the three months ended in Mar. 2025 was $ -117 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-378 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. Barrick Mining's Operating Income for the three months ended in Mar. 2025 was $ 1,230 Mil. Barrick Mining's Interest Expense for the three months ended in Mar. 2025 was $ -117 Mil. Barrick Mining's Interest Coverage for the quarter that ended in Mar. 2025 was 10.51. 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.

Barrick Mining Interest Expense Historical Data

The historical data trend for Barrick Mining'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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Barrick Mining Interest Expense Chart

Barrick Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-323.00

-346.00

-341.00

-350.00

-423.00

Barrick Mining Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-101.00	-120.00	-157.00	16.00	-117.00

Barrick Mining 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-378 Mil.

Barrick Mining (NYSE:B) 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.

Barrick Mining's Interest Expense for the three months ended in Mar. 2025 was $-117 Mil. Its Operating Income for the three months ended in Mar. 2025 was $1,230 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $4,703 Mil.

Barrick Mining's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	1230	/	-117
	=	10.51

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

Barrick Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Mining Corp (NYSE:B) » Definitions » Interest Expense

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Address

161 Bay Street, Brookfield Place, TD Canada Trust Tower, Suite 3700, P.O. Box 212, Toronto, ON, CAN, M5J 2S1

Website

https://www.barrick.com

Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.