Nkwe Platinum (Nkwe Platinum) Interest Expense : $-0.01 Mil (TTM As of Jun. 2018)

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What is Nkwe Platinum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nkwe Platinum's interest expense for the six months ended in Jun. 2018 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-0.01 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. Nkwe Platinum's Operating Income for the six months ended in Jun. 2018 was $ -0.61 Mil. Nkwe Platinum's Interest Expense for the six months ended in Jun. 2018 was $ -0.01 Mil. Nkwe Platinum 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.

Nkwe Platinum Interest Expense Historical Data

The historical data trend for Nkwe Platinum'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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Nkwe Platinum Interest Expense Chart

Nkwe Platinum Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Dec16

Dec17

Interest Expense

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-0.19

-0.13

-0.55

-0.01

Nkwe Platinum Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.01

Nkwe Platinum 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Nkwe Platinum (OTCPK:NKWEY) 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.

Nkwe Platinum's Interest Expense for the six months ended in Jun. 2018 was $-0.01 Mil. Its Operating Income for the six months ended in Jun. 2018 was $-0.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was $4.80 Mil.

Nkwe Platinum's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Nkwe Platinum did not have earnings to cover the interest expense.

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

Nkwe Platinum (Nkwe Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nkwe Platinum Ltd (OTCPK:NKWEY) » Definitions » Interest Expense

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Address

Level 1, 18 Kings Park Road, West Perth, Perth, WA, AUS, 6005

Website

http://www.nkweplatinum.com

Nkwe Platinum Ltd is a platinum exploration company targeting mid-level projects and market capitalization. The company is involved in baskets of platinum projects in Limpopo in South Africa. The firm's flagship project is the Garatau project which comprises of three properties namely De Kom 252 KT, Garataouw 282KT and Hoepakrantz 291 KT. These three properties are located in the Eastern Limb of the Bushveld complex, South Africa. The project has a surface footprint of over 5000 hectares and is underlain by both the Platinum bearing Merensky Reef and UG2 chromitite.

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