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Sociedad Minera Corona (LIM:MINCORC1) Interest Expense : S/.-0.4 Mil (TTM As of Dec. 2022)


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What is Sociedad Minera Corona Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sociedad Minera Corona's interest expense for the three months ended in Dec. 2022 was S/. 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was S/.-0.4 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. Sociedad Minera Corona's Operating Income for the three months ended in Dec. 2022 was S/. 0.0 Mil. Sociedad Minera Corona's Interest Expense for the three months ended in Dec. 2022 was S/. 0.0 Mil. GuruFocus does not calculate Sociedad Minera Corona's interest coverage with the available data. 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.


Sociedad Minera Corona Interest Expense Historical Data

The historical data trend for Sociedad Minera Corona'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.

Sociedad Minera Corona Interest Expense Chart

Sociedad Minera Corona Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -2.18 -1.76 -1.59 -5.48 -15.49

Sociedad Minera Corona Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22 Dec23
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 -0.78 -0.40 -0.42 - -

Sociedad Minera Corona 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was S/.-0.4 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.


Sociedad Minera Corona  (LIM:MINCORC1) 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.

Sociedad Minera Corona's Interest Expense for the three months ended in Dec. 2022 was S/.0.0 Mil. Its Operating Income for the three months ended in Dec. 2022 was S/.0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was S/.9.5 Mil.

Sociedad Minera Corona's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

GuruFocus does not calculate Sociedad Minera Corona's interest coverage with the available data.

* 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.


Sociedad Minera Corona (LIM:MINCORC1) Business Description

Traded in Other Exchanges
Address
Av. Pedro de Osma Nro. 450, Barranco, Lima, PER
Sociedad Minera Corona SA explores and extracts minerals to produce copper concentrates, silver, lead, and zinc. The company has two production unit namely Yauricocha, located in the department of Lima province of Yauyos and Carolina, located in the department of Cajamarca province of Hualgayoc.

Sociedad Minera Corona (LIM:MINCORC1) Headlines

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