RHCCF (Royal Helium) Interest Expense: $-3.54 Mil (TTM As of Sep. 2024)

What is Royal Helium Interest Expense?

Royal Helium RHCCF Interest Expense is $-3.54 Mil as of Sep. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Royal Helium's interest expense for the three months ended in Sep. 2024 was $ -0.85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.54 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. Royal Helium's Operating Income for the three months ended in Sep. 2024 was $ -1.70 Mil. Royal Helium's Interest Expense for the three months ended in Sep. 2024 was $ -0.85 Mil. Royal Helium 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.

Royal Helium (OTCPK:RHCCF) 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.

Royal Helium's Interest Expense for the three months ended in Sep. 2024 was $-0.85 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $17.72 Mil.

Royal Helium's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Royal Helium 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.

Royal Helium Interest Expense Historical Data

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The historical data trend for Royal Helium's Interest Expense can be seen below:

Royal Helium Interest Expense Chart

Royal Helium Annual Data

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Interest Expense

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-1.93

Royal Helium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.56	-0.98	-0.95	-0.76	-0.85

Royal Helium 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.54 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-3.54 Mil mean?

Royal Helium (RHCCF) has a Interest Expense of $-3.54 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Royal Helium and its competitors.

Is Royal Helium's Interest Expense too high?

Royal Helium's current Interest Expense is $-3.54 Mil.

How does Royal Helium's Interest Expense compare to GRVE and SPOWF?

Royal Helium's Interest Expense of $-3.54 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Royal Helium and its competitors. Royal Helium's current Interest Expense is $-3.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Royal Helium stock overvalued right now?

Royal Helium (RHCCF) has a current Interest Expense of $-3.54 Mil. The current Interest Expense is $-3.54 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Royal Helium (RHCCF), the current Interest Expense is $-3.54 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Royal Helium Business Description

Industry Energy Oil & Gas

Comparable Companies GRVE SPOWF LEEN FOMI PTCO CRCE MMEX FECOF COP HKSE:00883 TSX:CNQ EOG OXY FANG MIC:NVTK EQT ASX:WDS EXE DVN TSE:1605

Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5

Website https://www.royalheliumltd.com

Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.