Fortuna Mining (MEX:FVI N) Interest Expense : MXN-527 Mil (TTM As of Dec. 2024)

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What is Fortuna Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fortuna Mining's interest expense for the three months ended in Dec. 2024 was MXN -155 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-527 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. Fortuna Mining's Operating Income for the three months ended in Dec. 2024 was MXN 1,669 Mil. Fortuna Mining's Interest Expense for the three months ended in Dec. 2024 was MXN -155 Mil. Fortuna Mining's Interest Coverage for the quarter that ended in Dec. 2024 was 10.79. 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.

Fortuna Mining Interest Expense Historical Data

The historical data trend for Fortuna Mining'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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Fortuna Mining Interest Expense Chart

Fortuna Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-44.98

-258.35

-221.30

-426.73

-605.69

Fortuna Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-147.64	-114.35	-115.44	-142.89	-154.77

Fortuna Mining 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-527 Mil.

Fortuna Mining (MEX:FVI N) 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.

Fortuna Mining's Interest Expense for the three months ended in Dec. 2024 was MXN-155 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN1,669 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN3,634 Mil.

Fortuna Mining's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	1669.311	/	-154.77
	=	10.79

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

Fortuna Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortuna Mining Corp (MEX:FVI N) » Definitions » Interest Expense

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Traded in Other Exchanges

FSM:USA 0QYM:UK F4S0:Germany F4S0:Germany FVI:Canada

Address

1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6

Website

https://www.fortunamining.com

Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, and Peru. The company's segment consists of Mansfield, Sanu, Sango, Cuzcatlan, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d'Ivoire location.

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