Rusoro Mining (TSXV:RML) Interest Expense : C$-17.16 Mil (TTM As of Mar. 2024)

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What is Rusoro Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rusoro Mining's interest expense for the three months ended in Mar. 2024 was C$ -6.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-17.16 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. Rusoro Mining's Operating Income for the three months ended in Mar. 2024 was C$ -2.63 Mil. Rusoro Mining's Interest Expense for the three months ended in Mar. 2024 was C$ -6.03 Mil. Rusoro Mining 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.

Rusoro Mining Interest Expense Historical Data

The historical data trend for Rusoro Mining'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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Rusoro Mining Interest Expense Chart

Rusoro Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-11.94

-13.31

-14.84

-16.85

-20.03

Rusoro Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-5.21	-5.52	-5.09	-6.04	-6.03

Rusoro Mining 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-17.16 Mil.

Rusoro Mining (TSXV:RML) 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.

Rusoro Mining's Interest Expense for the three months ended in Mar. 2024 was C$-6.03 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-2.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Rusoro Mining's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Rusoro Mining did not have earnings to cover the interest expense.

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

Rusoro Mining (TSXV:RML) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rusoro Mining Ltd (TSXV:RML) » Definitions » Interest Expense

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RMLFF:USA PKJ2:Germany

Address

595 Burrard Street, Suite 3123, PO Box 49139, Vancouver, BC, CAN, V7X 1J1

Website

https://www.rusoro.com

Rusoro Mining Ltd is a gold producer and explorer. It is engaged in the operation, acquisition, exploration and development of gold mining and mineral properties. The company has land position in the prolific Bolivar State mining region in southern Venezuela.

Executives

Anthony John Beruschi

Director

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