Barrick Interest Expense from 2010 to 2024

GOLD Stock  USD 16.42  0.68  3.98%   
Barrick Gold's Interest Expense is increasing over the years with stable fluctuation. Overall, Interest Expense is expected to go to about 423.4 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
88 M
Current Value
93.5 M
Quarterly Volatility
54.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Barrick Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrick main balance sheet or income statement drivers, such as Interest Expense of 423.4 M, Total Revenue of 5.7 B or Gross Profit of 2.4 B, as well as many exotic indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0234 or PTB Ratio of 1.37. Barrick financial statements analysis is a perfect complement when working with Barrick Gold Valuation or Volatility modules.
  
This module can also supplement Barrick Gold's financial leverage analysis and stock options assessment as well as various Barrick Gold Technical models . Check out the analysis of Barrick Gold Correlation against competitors.

Latest Barrick Gold's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Barrick Gold Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Barrick Gold's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barrick Gold's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Barrick Interest Expense Regression Statistics

Arithmetic Mean401,512,497
Geometric Mean0.00
Coefficient Of Variation49.45
Mean Deviation145,476,664
Median423,425,279
Standard Deviation198,552,093
Sample Variance39422.9T
Range723M
R-Value0.24
Mean Square Error40076.7T
R-Squared0.06
Significance0.40
Slope10,509,107
Total Sum of Squares551921.1T

Barrick Interest Expense History

2024423.4 M
2023403.3 M
2022341 M
2021346 M
2020323 M
2019427 M
2018443 M

About Barrick Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Barrick Gold income statement, its balance sheet, and the statement of cash flows. Barrick Gold investors use historical funamental indicators, such as Barrick Gold's Interest Expense, to determine how well the company is positioned to perform in the future. Although Barrick Gold investors may use each financial statement separately, they are all related. The changes in Barrick Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Barrick Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Barrick Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Barrick Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense403.3 M423.4 M

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When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out the analysis of Barrick Gold Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Barrick Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Gold. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.538
Dividend Share
0.4
Earnings Share
0.72
Revenue Per Share
6.494
Quarterly Revenue Growth
0.103
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.