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Lucara Diamond (BOT:LUC) Interest Expense : BWP-46 Mil (TTM As of Sep. 2024)


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What is Lucara Diamond Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lucara Diamond's interest expense for the three months ended in Sep. 2024 was BWP -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was BWP-46 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. Lucara Diamond's Operating Income for the three months ended in Sep. 2024 was BWP 92 Mil. Lucara Diamond's Interest Expense for the three months ended in Sep. 2024 was BWP -8 Mil. Lucara Diamond's Interest Coverage for the quarter that ended in Sep. 2024 was 11.50. 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.


Lucara Diamond Interest Expense Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Interest Expense Chart

Lucara Diamond Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.38 -33.80 -50.34 -50.15 -61.24

Lucara Diamond Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.28 -17.83 -9.01 -11.55 -8.01

Lucara Diamond 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BWP-46 Mil.

* 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.


Lucara Diamond  (BOT:LUC) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lucara Diamond's Interest Expense for the three months ended in Sep. 2024 was BWP-8 Mil. Its Operating Income for the three months ended in Sep. 2024 was BWP92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was BWP2,446 Mil.

Lucara Diamond's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*92.088/-8.005
=11.50

* 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.

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


Lucara Diamond Business Description

Traded in Other Exchanges
Address
1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

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