Sherritt International (FRA:HRT) Interest Expense : €-25.5 Mil (TTM As of Sep. 2024)

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What is Sherritt International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sherritt International's interest expense for the three months ended in Sep. 2024 was € -6.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-25.5 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. Sherritt International's Operating Income for the three months ended in Sep. 2024 was € -0.1 Mil. Sherritt International's Interest Expense for the three months ended in Sep. 2024 was € -6.3 Mil. Sherritt International 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.

Sherritt International Interest Expense Historical Data

The historical data trend for Sherritt International'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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Sherritt International Interest Expense Chart

Sherritt International Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-43.60

-36.45

-30.70

-32.10

-24.27

Sherritt International 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															-6.86	-6.22	-6.25	-6.71	-6.32

Sherritt International 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 €-25.5 Mil.

Sherritt International (FRA:HRT) 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.

Sherritt International's Interest Expense for the three months ended in Sep. 2024 was €-6.3 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €202.5 Mil.

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

Sherritt International did not have earnings to cover the interest expense.

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

Sherritt International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sherritt International Corp (FRA:HRT) » Definitions » Interest Expense

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SHERF:USA S:Canada

Address

22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3

Website

https://www.sherritt.com

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Europe, Asia, Cuba, North America, and others regions. Its segment includes Metals, Power, Oil and Gas, Technologies and Corporate. The Metals segment which generates the majority of the revenue is composed of mining, processing and refining activities of nickel and cobalt for its interest in Moa JV in Cuba and Canada. The Power segment represents the power operations in Cuba, including its interest in Energas; The Oil and Gas segment is exploring for oil and gas in Cuba and the Technologies segment represents the its technology group which delivers essential technical support for its operations.