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Riot Platforms (STU:AP4N) Interest Expense : €-1.9 Mil (TTM As of Sep. 2024)


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What is Riot Platforms Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Riot Platforms's interest expense for the three months ended in Sep. 2024 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-1.9 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. Riot Platforms's Operating Income for the three months ended in Sep. 2024 was € -92.5 Mil. Riot Platforms's Interest Expense for the three months ended in Sep. 2024 was € 0.0 Mil. GuruFocus does not calculate Riot Platforms's interest coverage with the available data. 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.


Riot Platforms Interest Expense Historical Data

The historical data trend for Riot Platforms'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.

Riot Platforms Interest Expense Chart

Riot Platforms Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.26 - - -1.90

Riot Platforms 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 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 - - - - -1.90

Riot Platforms 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 €-1.9 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.


Riot Platforms  (STU:AP4N) 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.

Riot Platforms's Interest Expense for the three months ended in Sep. 2024 was €0.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-92.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €23.6 Mil.

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

GuruFocus does not calculate Riot Platforms's interest coverage with the available data.

* 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.


Riot Platforms Business Description

Traded in Other Exchanges
Address
3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.

Riot Platforms Headlines

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