Bushveld Minerals (Bushveld Minerals) Interest Expense : $-15.8 Mil (TTM As of Jun. 2023)

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What is Bushveld Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bushveld Minerals's interest expense for the six months ended in Jun. 2023 was $ -7.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-15.8 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. Bushveld Minerals's Operating Income for the six months ended in Jun. 2023 was $ 2.1 Mil. Bushveld Minerals's Interest Expense for the six months ended in Jun. 2023 was $ -7.3 Mil. Bushveld Minerals's Interest Coverage for the quarter that ended in Jun. 2023 was 0.28. 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.

Bushveld Minerals Interest Expense Historical Data

The historical data trend for Bushveld Minerals'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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Bushveld Minerals Interest Expense Chart

Bushveld Minerals Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.52

-1.67

-5.49

-13.06

-13.89

Bushveld Minerals Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-3.50	-9.56	-5.40	-8.49	-7.32

Bushveld Minerals 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-15.8 Mil.

Bushveld Minerals (OTCPK:BSHVF) 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.

Bushveld Minerals's Interest Expense for the six months ended in Jun. 2023 was $-7.3 Mil. Its Operating Income for the six months ended in Jun. 2023 was $2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $43.9 Mil.

Bushveld Minerals's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	2.059	/	-7.316
	=	0.28

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

Bushveld Minerals (Bushveld Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bushveld Minerals Ltd (OTCPK:BSHVF) » Definitions » Interest Expense

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BMN:UK 23U:Germany

Address

9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116

Website

https://www.bushveldminerals.com

Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).