Platinum Group Metals (PLG) Interest Expenses (2017 - 2022)

Platinum Group Metals (PLG) reported Interest Expenses of $584000.0 for Q1 2022, down 52.01% year-over-year from $1.2 million in Q1 2021, and down 45.22% quarter-over-quarter from $1.1 million in Q4 2021.

Platinum Group Metals (PLG) Interest Expenses (2017 - 2022) Analysis & Trends

Platinum Group Metals (PLG) has 6 years of Interest Expenses data on file, last reported at $584000.0 in Q1 2022.

  • Interest Expenses for Q1 2022 came in at $584000.0, down 52.01% year-over-year; the trailing twelve-month figure through Nov 2022 was $584000.0 (down 87.9% YoY), and the FY2022 annual result was $1.6 million, down 67.43% from the prior year.
  • Interest Expenses declined to $584000.0 in Q1 2022 per PLG's latest filing, from $1.1 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $5.7 million in Q1 2018 and troughed at $584000.0 in Q1 2022.
  • A 5-year average of $2.0 million and a median of $1.4 million in 2020 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2019 and 2020: Interest Expenses slumped 70.54% in 2019, then surged 36.91% in 2020.
  • A 5-year view of Interest Expenses shows it stood at $2.5 million in 2018, then slumped by 45.55% to $1.3 million in 2019, then decreased by 2.97% to $1.3 million in 2020, then dropped by 18.44% to $1.1 million in 2021, then tumbled by 45.22% 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -78,754.21
2 Buenaventura Mining 10.77 Bn 10.77 Bn - -
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 5.66 Mn
4 Perpetua Resources 2.83 Bn 2.83 Bn - -
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn 352,000.00
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - 70.20 Mn
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - -122,000.00
9 Solaris Resources 1.41 Bn 1.39 Bn - 1.11 Mn
10 Platinum Group Metals 1.34 Bn 1.36 Bn - -

Historic Data

Download Data
DateValue
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 1.40 Mn
Aug 31, 2020 1.40 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