Cadan Resources (Cadan Resources) Interest Expense : $-2.12 Mil (TTM As of Sep. 2018)

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What is Cadan Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cadan Resources's interest expense for the three months ended in Sep. 2018 was $ -0.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-2.12 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. Cadan Resources's Operating Income for the three months ended in Sep. 2018 was $ -3.06 Mil. Cadan Resources's Interest Expense for the three months ended in Sep. 2018 was $ -0.45 Mil. Cadan 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.

Cadan Resources Interest Expense Historical Data

The historical data trend for Cadan 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.

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Cadan Resources Interest Expense Chart

Cadan Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

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-1.50

-1.07

-0.82

-1.39

-1.82

Cadan Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Interest Expense	Get a 7-Day Free Trial															-0.50	-0.71	-0.33	-0.64	-0.45

Cadan 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.12 Mil.

Cadan Resources (OTCPK:CADAF) Interest Expense Explanation

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

Cadan Resources's Interest Expense for the three months ended in Sep. 2018 was $-0.45 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-3.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.00 Mil.

Cadan Resources's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Cadan Resources did not have earnings to cover the interest expense.

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

Cadan Resources (Cadan Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadan Resources Corp (OTCPK:CADAF) » Definitions » Interest Expense

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Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rizalresources.com

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

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