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Providence Resources (Providence Resources) Interest Expense : $-1.54 Mil (TTM As of Dec. 2012)


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What is Providence Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Providence Resources's interest expense for the six months ended in Dec. 2012 was $ -1.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2012 was $-1.54 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. Providence Resources's Operating Income for the six months ended in Dec. 2012 was $ -0.16 Mil. Providence Resources's Interest Expense for the six months ended in Dec. 2012 was $ -1.54 Mil. Providence 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.


Providence Resources Interest Expense Historical Data

The historical data trend for Providence 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.

Providence Resources Interest Expense Chart

Providence Resources Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.75 -3.22 -2.32 -1.40 -1.54

Providence Resources Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.75 -3.22 -2.32 -1.40 -1.54

Providence Resources 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 Dec. 2012 was $-1.54 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.


Providence Resources  (OTCPK:PVRS) 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.

Providence Resources's Interest Expense for the six months ended in Dec. 2012 was $-1.54 Mil. Its Operating Income for the six months ended in Dec. 2012 was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2012 was $11.27 Mil.

Providence Resources's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

Providence 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.


Providence Resources (Providence Resources) Business Description

Traded in Other Exchanges
N/A
Address
8 Yongfeng Street, Liangzhou District, Gansu Province, Wuwei, CHN, 621101
Providence Resources Inc is a shell company.

Providence Resources (Providence Resources) Headlines

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