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Eastern Platinum (JSE:EPS) Interest Expense : R-77 Mil (TTM As of Mar. 2024)


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What is Eastern Platinum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eastern Platinum's interest expense for the three months ended in Mar. 2024 was R -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R-77 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. Eastern Platinum's Operating Income for the three months ended in Mar. 2024 was R -1 Mil. Eastern Platinum's Interest Expense for the three months ended in Mar. 2024 was R -2 Mil. Eastern Platinum 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.

Eastern Platinum Interest Expense Historical Data

The historical data trend for Eastern Platinum'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.

Eastern Platinum Interest Expense Chart

Eastern Platinum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.68 -84.48 -86.72 -88.16 -98.10

Eastern Platinum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -23.10 -25.34 -25.02 -24.78 -2.26

Eastern Platinum 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R-77 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.

Eastern Platinum  (JSE:EPS) 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.

Eastern Platinum's Interest Expense for the three months ended in Mar. 2024 was R-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was R-1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R1 Mil.

Eastern Platinum's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Eastern Platinum 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.

Eastern Platinum (JSE:EPS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eastern Platinum Ltd (JSE:EPS) » Definitions » Interest Expense
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Traded in Other Exchanges
ELRFF:USA E9P1:Germany ELR:Canada
Address
1188 West Georgia Street, Suite 1080, Vancouver, BC, CAN, V6E 4A2
Website
https://www.eastplats.com
Eastern Platinum Ltd owns, directly and indirectly, a number of PGM and chrome assets in the Republic of South Africa. All of the company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore. It has three segments CRM, Eastern Limb and Corporate. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Zandfontein UG2 tailings facility and the processing and extraction of platinum group metals.

Eastern Platinum (JSE:EPS) Headlines

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