GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petra Diamonds Ltd (LSE:PDL) » Definitions » Interest Expense

Petra Diamonds (LSE:PDL) Interest Expense : £-1.2 Mil (TTM As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Petra Diamonds Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petra Diamonds's interest expense for the six months ended in Dec. 2023 was £ -15.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-1.2 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. Petra Diamonds's Operating Income for the six months ended in Dec. 2023 was £ -4.2 Mil. Petra Diamonds's Interest Expense for the six months ended in Dec. 2023 was £ -15.2 Mil. Petra Diamonds 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.


Petra Diamonds Interest Expense Historical Data

The historical data trend for Petra Diamonds'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.

Petra Diamonds Interest Expense Chart

Petra Diamonds Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.24 -56.25 -45.99 -42.71 -27.88

Petra Diamonds Semi-Annual Data
Jun14 Dec14 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 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 -20.76 -20.30 -43.43 14.02 -15.25

Petra Diamonds 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 £-1.2 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.


Petra Diamonds  (LSE:PDL) 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.

Petra Diamonds's Interest Expense for the six months ended in Dec. 2023 was £-15.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-4.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £230.8 Mil.

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

Petra Diamonds 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.


Petra Diamonds (LSE:PDL) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Petra Diamonds Ltd is an independent diamond mining company and supplier of rough diamonds to the international market. Group functions through Mining and Exploration segment which include extraction and sale of rough diamonds from mining operations in South Africa and Tanzania and exploration activities in Botswana. Its operating mines include Finsch, Cullinan, Koffiefontein, and Williamson. Revenue for the firm is generated through the sale of goods.

Petra Diamonds (LSE:PDL) Headlines

No Headlines