Triple Flag Precious Metals (FRA:7781) Interest Expense : €-6.7 Mil (TTM As of Mar. 2024)

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What is Triple Flag Precious Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triple Flag Precious Metals's interest expense for the three months ended in Mar. 2024 was € -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-6.7 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. Triple Flag Precious Metals's Operating Income for the three months ended in Mar. 2024 was € 18.5 Mil. Triple Flag Precious Metals's Interest Expense for the three months ended in Mar. 2024 was € -1.2 Mil. Triple Flag Precious Metals's Interest Coverage for the quarter that ended in Mar. 2024 was 15.54. 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.

Triple Flag Precious Metals Interest Expense Historical Data

The historical data trend for Triple Flag Precious Metals'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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Triple Flag Precious Metals Interest Expense Chart

Triple Flag Precious Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.86

-8.54

-5.68

-3.13

-6.71

Triple Flag Precious Metals Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial														-1.22	-1.17	-0.51	-3.86	-1.19

Triple Flag Precious Metals 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-6.7 Mil.

Triple Flag Precious Metals (FRA:7781) 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.

Triple Flag Precious Metals's Interest Expense for the three months ended in Mar. 2024 was €-1.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was €18.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €56.7 Mil.

Triple Flag Precious Metals's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	18.488	/	-1.19
	=	15.54

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

Triple Flag Precious Metals (FRA:7781) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Triple Flag Precious Metals Corp (FRA:7781) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TFPM:USA 7781:Germany TFPM:Canada

Address

161 Bay Street, TD Canada Trust Tower, Suite 4535, Toronto, ON, CAN, M5J 2S1

Website

https://www.tripleflagpm.com

Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. The company's assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.

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