GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Royal Helium Ltd (OTCPK:RHCCF) » Definitions » Interest Expense

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


View and export this data going back to 2020. Start your Free Trial

What is Royal Helium Interest Expense?

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 Interest Expense Historical Data

The historical data trend for Royal Helium'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.

Royal Helium Interest Expense Chart

Royal Helium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -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 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 -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.

* 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.

Royal Helium  (OTCPK:RHCCF) 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.

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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Royal Helium Ltd (OTCPK:RHCCF) » Definitions » Interest Expense
Comparable Companies
TSXV:PEI TSXV:BGE XCNQ:TCF TSXV:LNGE TSXV:HEVI TSXV:PWH TSXV:PUL TSXV:ARH TSXV:CEC TSXV:CDA COP HKSE:00883 EOG TSX:CNQ FANG OXY HES ASX:WDS MIC:NVTK EQT
Traded in Other Exchanges
RD31:Germany RHC:Canada
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.