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Trafford Resources (ASX:TRF) Interest Expense : A$-0.12 Mil (TTM As of Dec. 2014)


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What is Trafford Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trafford Resources's interest expense for the six months ended in Dec. 2014 was A$ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was A$-0.12 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. Trafford Resources's Operating Income for the six months ended in Dec. 2014 was A$ -2.23 Mil. Trafford Resources's Interest Expense for the six months ended in Dec. 2014 was A$ -0.06 Mil. Trafford Resources 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.


Trafford Resources Interest Expense Historical Data

The historical data trend for Trafford Resources'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.

Trafford Resources Interest Expense Chart

Trafford Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial Premium Member Only - - -0.01 -0.02 -0.06

Trafford Resources Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 - -0.01 -0.06 -0.06

Trafford Resources Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.12 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.


Trafford Resources  (ASX:TRF) 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.

Trafford Resources's Interest Expense for the six months ended in Dec. 2014 was A$-0.06 Mil. Its Operating Income for the six months ended in Dec. 2014 was A$-2.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was A$0.00 Mil.

Trafford Resources's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Trafford Resources 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.


Trafford Resources (ASX:TRF) Business Description

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Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

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