DRA Global (JSE:DRA) Interest Expense : R-41 Mil (TTM As of Jun. 2024)

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What is DRA Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DRA Global's interest expense for the six months ended in Jun. 2024 was R -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was R-41 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. DRA Global's Operating Income for the six months ended in Jun. 2024 was R -31 Mil. DRA Global's Interest Expense for the six months ended in Jun. 2024 was R -24 Mil. DRA Global 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.

DRA Global Interest Expense Historical Data

The historical data trend for DRA Global'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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DRA Global Interest Expense Chart

DRA Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-39.37

-106.49

-63.76

DRA Global Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial			-70.57	-32.45	-47.91	-17.41	-23.83

DRA Global 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-41 Mil.

DRA Global (JSE:DRA) 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.

DRA Global's Interest Expense for the six months ended in Jun. 2024 was R-24 Mil. Its Operating Income for the six months ended in Jun. 2024 was R-31 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was R312 Mil.

DRA Global's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

DRA Global did not have earnings to cover the interest expense.

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

DRA Global Business Description

Industry

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Traded in Other Exchanges

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Address

256 Adelaide Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.draglobal.com

DRA Global Ltd is a diversified global engineering, project delivery, and operations management group. It provides engineering excellence through all stages of the project life cycle from concept through delivery, commissioning, operations, and rehabilitation. DRA has expertise in mining, minerals and metals processing, and related non-process infrastructure, including ESG, water, and energy solutions for the mining industry. Some of its projects are Elikhulu Gold, Yangibana Rare Earths Project, and Northam Platinum among others. The company has three segments Europe, Middle East, and Africa (EMEA), including SENET and Water entities, Australia and Asia Pacific (APAC), and North and South America (AMER).

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