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Discovery Metals (ASX:DML) Interest Expense : A$-12.8 Mil (TTM As of Jun. 2014)


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What is Discovery Metals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Discovery Metals's interest expense for the six months ended in Jun. 2014 was A$ -12.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was A$-12.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Discovery Metals's Operating Income for the six months ended in Jun. 2014 was A$ -57.9 Mil. Discovery Metals's Interest Expense for the six months ended in Jun. 2014 was A$ -12.8 Mil. Discovery Metals did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Discovery Metals Interest Expense Historical Data

The historical data trend for Discovery Metals's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Discovery Metals Interest Expense Chart

Discovery Metals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.51 -3.85 -12.76

Discovery Metals Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - -1.51 -3.85 -12.76

Discovery Metals Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2014 was A$-12.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Discovery Metals  (ASX:DML) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Discovery Metals's Interest Expense for the six months ended in Jun. 2014 was A$-12.8 Mil. Its Operating Income for the six months ended in Jun. 2014 was A$-57.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2014 was A$116.3 Mil.

Discovery Metals's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Discovery Metals did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Discovery Metals (ASX:DML) Business Description

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Address
Discovery Metals Limited (DML) is incorporated in Australia. It is engaged in nickel and copper exploration company. The company focuses on the exploration and development on its two major projects in Botswana being the Maun Copper Project and the Dikoloti Nickel Project.

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