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Nickel Industries (FRA:NM5) Interest Expense : €-102 Mil (TTM As of Dec. 2024)


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What is Nickel Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nickel Industries's interest expense for the six months ended in Dec. 2024 was € -65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-102 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. Nickel Industries's Operating Income for the six months ended in Dec. 2024 was € 67 Mil. Nickel Industries's Interest Expense for the six months ended in Dec. 2024 was € -65 Mil. Nickel Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 1.03. 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.

Nickel Industries Interest Expense Historical Data

The historical data trend for Nickel Industries'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.

Nickel Industries Interest Expense Chart

Nickel Industries Annual Data
Trend Jun19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -4.33 -11.55 -31.88 -83.35 -103.33

Nickel Industries Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -20.45 -51.08 -32.60 -37.71 -64.57

Nickel Industries 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-102 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.

Nickel Industries  (FRA:NM5) 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.

Nickel Industries's Interest Expense for the six months ended in Dec. 2024 was €-65 Mil. Its Operating Income for the six months ended in Dec. 2024 was €67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €877 Mil.

Nickel Industries's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*66.505/-64.566
=1.03

* 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.

Nickel Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (FRA:NM5) » Definitions » Interest Expense
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Traded in Other Exchanges
NICMF:USA NIC:Australia
Address
66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Website
https://www.nickelindustries.com
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in close proximity to the IMIP.

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