RioZim (XZIM:RIOZ.ZW) Interest Expense : ZWG-73.8 Mil (TTM As of Dec. 2024)

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

What is RioZim Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RioZim's interest expense for the six months ended in Dec. 2024 was ZWG -58.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ZWG-73.8 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. RioZim's Operating Income for the six months ended in Dec. 2024 was ZWG -498.1 Mil. RioZim's Interest Expense for the six months ended in Dec. 2024 was ZWG -58.4 Mil. RioZim 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.

RioZim Interest Expense Historical Data

The historical data trend for RioZim'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.

RioZim Interest Expense Chart

RioZim Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-50.02

-129.45

-1,396.79

-34.31

-73.77

RioZim Semi-Annual Data
	Dec09	Dec11	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial												-1,174.90	-10.92	-23.39	-15.40	-58.37

RioZim 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWG-73.8 Mil.

RioZim (XZIM:RIOZ.ZW) 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.

RioZim's Interest Expense for the six months ended in Dec. 2024 was ZWG-58.4 Mil. Its Operating Income for the six months ended in Dec. 2024 was ZWG-498.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ZWG7.3 Mil.

RioZim's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

RioZim did not have earnings to cover the interest expense.

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

RioZim Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RioZim Ltd (XZIM:RIOZ.ZW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Kenilworth Road, Highlands, Harare, ZWE

Website

https://www.riozim.co.zw

RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. The gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of its revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, the Dalny Mine based in Chakari, the Cam and Motor gold and the Empress Nickel Refinery mine in Kadoma.

RioZim Headlines

No Headlines