Northam Platinum (Northam Platinum) Interest Expense : $-41.66 Mil (TTM As of Jun. 2021)

View and export this data going back to 2011. Start your Free Trial

What is Northam Platinum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northam Platinum's interest expense for the six months ended in Jun. 2021 was $ -22.34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-41.66 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. Northam Platinum's Operating Income for the six months ended in Jun. 2021 was $ 784.96 Mil. Northam Platinum's Interest Expense for the six months ended in Jun. 2021 was $ -22.34 Mil. Northam Platinum's Interest Coverage for the quarter that ended in Jun. 2021 was 35.14. 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.

Northam Platinum Interest Expense Historical Data

The historical data trend for Northam 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.

Northam Platinum Interest Expense Chart

Northam Platinum Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Interest Expense

Get a 7-Day Free Trial

-4.10

-3.19

-10.82

-30.99

-43.00

Northam Platinum Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Interest Expense	Get a 7-Day Free Trial															-4.84	-11.50	-21.32	-19.32	-22.34

Northam 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-41.66 Mil.

Northam Platinum (OTCPK:NMPNY) 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.

Northam Platinum's Interest Expense for the six months ended in Jun. 2021 was $-22.34 Mil. Its Operating Income for the six months ended in Jun. 2021 was $784.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was $292.01 Mil.

Northam Platinum's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2021 )	/	Interest Expense (Q: Jun. 2021 )
	=	-1	*	784.959	/	-22.34
	=	35.14

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

Northam Platinum (Northam Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Ltd (OTCPK:NMPNY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Waterfall City, Jukskei View, Johannesburg, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Ltd is a producer of platinum group metals, which include platinum, palladium, and rhodium. Northam conducts operations across two main locations in South Africa, Zondereinde and Booysendal, where the mining, concentrating, smelting, and base metals recovery processes occur. The company then outsources its production for refining. The primary consumers of platinum, palladium, and rhodium are from the motor-manufacturing and jewellery industries. Northam sells metals in sponge or ingot form domestically and to overseas markets across Asia, Europe, and North America.

Northam Platinum (Northam Platinum) Headlines

No Headlines