GYYSF (Spartan Resources) Interest Expense : $-5.68 Mil (TTM As of Dec. 2024)

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What is Spartan Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spartan Resources's interest expense for the six months ended in Dec. 2024 was $ -2.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-5.68 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. Spartan Resources's Operating Income for the six months ended in Dec. 2024 was $ -7.78 Mil. Spartan Resources's Interest Expense for the six months ended in Dec. 2024 was $ -2.53 Mil. Spartan Resources 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.

Spartan Resources Interest Expense Historical Data

The historical data trend for Spartan Resources'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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Spartan Resources Interest Expense Chart

Spartan Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-4.06

-2.23

-1.66

-2.83

-3.90

Spartan Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.62	-2.22	-0.75	-3.15	-2.53

Spartan Resources 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 $-5.68 Mil.

Spartan Resources (OTCPK:GYYSF) 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.

Spartan Resources's Interest Expense for the six months ended in Dec. 2024 was $-2.53 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-7.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $5.02 Mil.

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

Spartan Resources did not have earnings to cover the interest expense.

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

Spartan Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spartan Resources Ltd (OTCPK:GYYSF) » Definitions » Interest Expense

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Traded in Other Exchanges

6G40:Germany SPR:Australia

Address

41-47 Colin Street, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.spartanresources.com.au

Spartan Resources Ltd engages in the exploration and development of gold projects in Western Australia. The company holds an interest in the Dalgaranga gold project located in the Murchison region of Western Australia; the Glenburgh gold project located in the Gascoyne region of Western Australia and the Egerton gold project located in the Gascoyne region of Western Australia.