Hummingbird Resources (LSE:HUM) Interest Expense : £-15.1 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Hummingbird Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hummingbird Resources's interest expense for the six months ended in Dec. 2023 was £ -5.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-15.1 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. Hummingbird Resources's Operating Income for the six months ended in Dec. 2023 was £ -5.2 Mil. Hummingbird Resources's Interest Expense for the six months ended in Dec. 2023 was £ -5.7 Mil. Hummingbird 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.

Hummingbird Resources Interest Expense Historical Data

The historical data trend for Hummingbird 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.

* Premium members only.

Hummingbird Resources Interest Expense Chart

Hummingbird Resources Annual Data

Trend

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-5.50

-4.77

-4.32

-9.85

-15.09

Hummingbird Resources Semi-Annual Data
	May14	Nov14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.35	-4.54	-5.26	-9.44	-5.68

Hummingbird 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-15.1 Mil.

Hummingbird Resources (LSE:HUM) 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.

Hummingbird Resources's Interest Expense for the six months ended in Dec. 2023 was £-5.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-5.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £94.1 Mil.

Hummingbird Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hummingbird Resources PLCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Hummingbird Resources (LSE:HUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hummingbird Resources PLC (LSE:HUM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HUMRF:USA HUM.GB:UK 2HM:Germany

Address

49-63 Spencer Street, Hockley, Birmingham, West Midlands, GBR, B18 6DE

Website

https://www.hummingbirdresources.co.uk

Hummingbird Resources PLC along with its subsidiaries explores, evaluates, and develops mineral projects principally gold, focused in West Africa. The company operates in Liberia, Guinea, and Mali. Its project portfolio includes Yanfolila Gold Project in Mali and Dugbe Gold Project in Liberia.