Platinum Group Metals (PLG) Interest Expenses (2015 - 2022)
Platinum Group Metals (PLG) posted quarterly Interest Expenses of $584000.0 for Q1 2022, down 52.01% year-over-year from $1.2 million in Q1 2021, and down 45.52% quarter-over-quarter from $1.1 million in Q4 2021.
Platinum Group Metals (PLG) Interest Expenses (2015 - 2022) Analysis & Trends
Platinum Group Metals (PLG) has reported Interest Expenses for 8 consecutive years, with $584000.0 the latest figure, recorded in Q1 2022.
- In Q1 2022, Interest Expenses fell 52.01% year-over-year to $584000.0; the TTM figure through Nov 2022 stood at $584000.0 (down 87.91% YoY), while the FY2022 annual figure was $1.6 million, down 67.43% from the prior year.
- Interest Expenses slipped to $584000.0 in Q1 2022 per PLG's latest filing, from $1.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $19.4 million in Q3 2018 and bottomed at $584000.0 in Q1 2022.
- Historically, Interest Expenses has averaged $3.0 million across 5 years, with a median of $1.4 million in 2020.
- Annual changes were most pronounced in 2018 — Interest Expenses soared 606.73% — and 2019, when it tumbled 94.73%.
- Platinum Group Metals' Interest Expenses stood at $2.5 million in 2018, then tumbled by 45.55% to $1.3 million in 2019, then slipped by 2.97% to $1.3 million in 2020, then slipped by 17.98% to $1.1 million in 2021, then sank by 45.52% to $584000.0 in 2022.
- Business Quant data shows PLG's Interest Expenses at $584000.0 in Q1 2022, $1.1 million in Q4 2021, and $1.4 million in Q3 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 2.41 Mn |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 220,000.00 |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | - |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | 1.60 Mn |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | - |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | - |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | -12.52 Mn |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | -301,000.00 |
| 10 | Platinum Group Metals | 208.64 Mn | 208.64 Mn | - | 512,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2022 | 584,000.00 |
| Feb 28, 2022 | 584,000.00 |
| Nov 30, 2021 | 1.07 Mn |
| Nov 30, 2021 | 1.07 Mn |
| Aug 31, 2021 | 1.44 Mn |
| Aug 31, 2021 | 1.44 Mn |
| May 31, 2021 | 1.11 Mn |
| May 31, 2021 | 1.11 Mn |
| Feb 28, 2021 | 1.22 Mn |
| Feb 28, 2021 | 1.22 Mn |
| Nov 30, 2020 | 1.31 Mn |
| Nov 30, 2020 | 1.31 Mn |
| Aug 31, 2020 | 1.41 Mn |
| Aug 31, 2020 | 1.41 Mn |
| May 31, 2020 | 1.38 Mn |
| May 31, 2020 | 1.38 Mn |
| Feb 29, 2020 | 1.36 Mn |
| Feb 29, 2020 | 1.36 Mn |
| Nov 30, 2019 | 1.35 Mn |
| Nov 30, 2019 | 1.35 Mn |