Mineralrite (RITE) Interest Expenses (2010 - 2014)

Mineralrite (RITE) reported Interest Expenses of $201647.0 for Q3 2014, up 258.5% year-over-year from $56247.0 in Q3 2013, and down 80.91% quarter-over-quarter from $1.1 million in Q2 2014.

Mineralrite (RITE) Interest Expenses (2010 - 2014) Analysis & Trends

Mineralrite (RITE) has 5 years of Interest Expenses data on file, last reported at $201647.0 in Q3 2014.

  • Interest Expenses for Q3 2014 came in at $201647.0, up 258.5% year-over-year; the trailing twelve-month figure through Sep 2024 was $201647.0 (changed N/A YoY), and the FY2013 annual result was $292693.0, up 926.38% from the prior year.
  • Interest Expenses slipped to $201647.0 in Q3 2014 per RITE's latest filing, from $1.1 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $1.1 million in Q2 2014 and troughed at -$21943.0 in Q4 2010.
  • A 5-year average of $100872.5 and a median of $11894.5 in 2011 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2013 and 2014: Interest Expenses plunged 95.16% in 2013, then soared 45727.98% in 2014.
  • A 5-year view of Interest Expenses shows it stood at -$21943.0 in 2010, then soared by 154.05% to $11861.0 in 2011, then slumped by 72.25% to $3291.0 in 2012, then sank by 683.47% to -$19202.0 in 2013, then jumped by 1150.14% to $201647.0 in 2014.
  • Business Quant data shows RITE's Interest Expenses at $201647.0 in Q3 2014, $1.1 million in Q2 2014, and $276801.0 in Q1 2014.

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 Mineralrite - - - -

Historic Data

Download Data
DateValue
Sep 30, 2014 201,647.00
Sep 30, 2014 201,647.00
Jun 30, 2014 1.06 Mn
Jun 30, 2014 1.06 Mn
Mar 31, 2014 276,801.00
Mar 31, 2014 276,801.00
Dec 31, 2013 -19,202.00
Dec 31, 2013 -19,202.00
Sep 30, 2013 56,247.00
Sep 30, 2013 56,247.00
Jun 30, 2013 16,747.00
Jun 30, 2013 16,747.00
Mar 31, 2013 604.00
Mar 31, 2013 604.00
Sep 30, 2012 3,291.00
Sep 30, 2012 3,291.00
Jun 30, 2012 12,751.00
Jun 30, 2012 12,751.00
Mar 31, 2012 12,475.00
Mar 31, 2012 12,475.00