Horizon Copper (TSXV:HCU) Interest Expense : C$-12.12 Mil (TTM As of Dec. 2024)

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What is Horizon Copper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Horizon Copper's interest expense for the three months ended in Dec. 2024 was C$ -4.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-12.12 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. Horizon Copper's Operating Income for the three months ended in Dec. 2024 was C$ -2.92 Mil. Horizon Copper's Interest Expense for the three months ended in Dec. 2024 was C$ -4.30 Mil. Horizon Copper 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.

Horizon Copper Interest Expense Historical Data

The historical data trend for Horizon Copper'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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Horizon Copper Interest Expense Chart

Horizon Copper Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

-4.34

-11.67

-16.47

Horizon Copper Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial										-4.01	-	-3.88	-3.95	-4.30

Horizon Copper 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 C$-12.12 Mil.

Horizon Copper (TSXV:HCU) 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.

Horizon Copper's Interest Expense for the three months ended in Dec. 2024 was C$-4.30 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-2.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$269.89 Mil.

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

Horizon Copper did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Horizon Copper Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Horizon Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Horizon Copper Corp (TSXV:HCU) » Definitions » Interest Expense

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Traded in Other Exchanges

HNCUF:USA

Address

733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 0S6

Website

https://www.horizoncopper.com

Horizon Copper Corp is a copper company holding non-operating interests in high-grade, low-cost copper assets. It holds a portfolio of copper assets including Antamina, 30% interest in the copper-gold Hod Maden project, and exposure to the Oyu Tolgoi copper mine through nearly 25% equity ownership.

Executives

John Philip Adrian Budreski	Director or Senior Officer of 10% Security Holder
Erfan Kazemi-esfahani	Director, Senior Officer
Nolan Allan Watson	Director

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