BSHVF (Bushveld Minerals) Interest Expense: $-13.9 Mil (TTM As of Jun. 2024)


What is Bushveld Minerals Interest Expense?

Bushveld Minerals BSHVF -99.00% Interest Expense is $-13.9 Mil as of Jun. 2024.

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. 2024 was $ -5.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-13.9 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. 2024 was $ -18.6 Mil. Bushveld Minerals's Interest Expense for the six months ended in Jun. 2024 was $ -5.9 Mil. Bushveld Minerals 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.

Bushveld Minerals  (OTCPK:BSHVF) 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.

Bushveld Minerals's Interest Expense for the six months ended in Jun. 2024 was $-5.9 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-18.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $119.1 Mil.

Bushveld Minerals's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Bushveld Minerals did not have earnings to cover the interest expense.

* 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.

Bushveld Minerals Interest Expense Historical Data

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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.

Bushveld Minerals Interest Expense Chart

Bushveld Minerals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.67 -5.49 -13.06 -13.89 -14.75

Bushveld Minerals Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -5.40 -8.49 -6.77 -7.97 -5.93

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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-13.9 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-13.9 Mil mean?
Bushveld Minerals (BSHVF) has a Interest Expense of $-13.9 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Bushveld Minerals and its competitors.
Is Bushveld Minerals' Interest Expense too high?
Bushveld Minerals' current Interest Expense is $-13.9 Mil.
How does Bushveld Minerals' Interest Expense compare to NRHI and WOLV?
Bushveld Minerals' Interest Expense of $-13.9 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Bushveld Minerals and its competitors. Bushveld Minerals's current Interest Expense is $-13.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bushveld Minerals stock overvalued right now?
Bushveld Minerals (BSHVF) has a current Interest Expense of $-13.9 Mil. The current Interest Expense is $-13.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Bushveld Minerals (BSHVF), the current Interest Expense is $-13.9 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bushveld Minerals Business Description

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