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Luca Mining (FRA:Z68) Interest Expense : €-3.12 Mil (TTM As of Sep. 2024)


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What is Luca Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luca Mining's interest expense for the three months ended in Sep. 2024 was € -0.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-3.12 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. Luca Mining's Operating Income for the three months ended in Sep. 2024 was € -1.54 Mil. Luca Mining's Interest Expense for the three months ended in Sep. 2024 was € -0.72 Mil. Luca Mining 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.


Luca Mining Interest Expense Historical Data

The historical data trend for Luca Mining'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.

Luca Mining Interest Expense Chart

Luca Mining Annual Data
Trend Feb14 Feb15 Feb16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.10 -1.53 -2.09 -2.95 -2.81

Luca Mining 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 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 -0.47 -0.65 -0.47 -1.28 -0.72

Luca Mining 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 €-3.12 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.


Luca Mining  (FRA:Z68) 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.

Luca Mining's Interest Expense for the three months ended in Sep. 2024 was €-0.72 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-1.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €12.95 Mil.

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

Luca Mining 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.


Luca Mining Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1000, Vancouver, BC, CAN, V6E 3V6
Luca Mining Corp is a Canadian-based mining company engages s the production of base metals and the acquisition, exploration and development of resource properties in Mexico. Luca Mining is currently in commercial production at its 100% owned Campo Morado Mine, processing approximately 2,000 tons per day through the mine milling facilities producing zinc and copper concentrates with gold, silver, and lead as by-products. In addition, Luca owns a 100% interest in the Tahuehueto Project.

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