Rio Interest Expense from 2010 to 2026

RIOA Stock  EUR 81.20  2.60  3.10%   
Rio Tinto's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 1 B. 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
2010-12-31
Previous Quarter
1.9 B
Current Value
B
Quarterly Volatility
760.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Rio Tinto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rio Tinto's main balance sheet or income statement drivers, such as Tax Provision of 5 B, Interest Income of 20.5 M or Interest Expense of 1 B, as well as many indicators such as . Rio financial statements analysis is a perfect complement when working with Rio Tinto Valuation or Volatility modules.
  
This module can also supplement various Rio Tinto Technical models . Check out the analysis of Rio Tinto Correlation against competitors.
The Interest Expense trend for Rio Tinto Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Rio Tinto is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Rio Tinto's Interest Expense Growth Pattern

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

Rio Interest Expense Regression Statistics

Arithmetic Mean669,723,856
Geometric Mean0.00
Coefficient Of Variation113.61
Mean Deviation641,557,478
Median596,000,000
Standard Deviation760,841,614
Sample Variance578880T
Range2B
R-Value0.85
Mean Square Error168919.5T
R-Squared0.73
Significance0.000014
Slope128,416,898
Total Sum of Squares9262079.4T

Rio Interest Expense History

2026B
20251.9 B
20241.6 B
2023B
20221.9 B
2021596 M
2020648 M

About Rio Tinto Financial Statements

Rio Tinto stakeholders use historical fundamental indicators, such as Rio Tinto's Interest Expense, to determine how well the company is positioned to perform in the future. Although Rio Tinto investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rio Tinto's assets and liabilities are reflected in the revenues and expenses on Rio Tinto's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rio Tinto Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense1.9 BB

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Other Information on Investing in Rio Stock

Rio Tinto financial ratios help investors to determine whether Rio Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rio with respect to the benefits of owning Rio Tinto security.