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Aditya Birla Minerals (ASX:ABY) Interest Expense : A$-1.0 Mil (TTM As of Mar. 2016)


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What is Aditya Birla Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aditya Birla Minerals's interest expense for the six months ended in Mar. 2016 was A$ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was A$-1.0 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. Aditya Birla Minerals's Operating Income for the six months ended in Mar. 2016 was A$ -88.5 Mil. Aditya Birla Minerals's Interest Expense for the six months ended in Mar. 2016 was A$ -0.5 Mil. Aditya Birla Minerals 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.


Aditya Birla Minerals Interest Expense Historical Data

The historical data trend for Aditya Birla Minerals'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.

Aditya Birla Minerals Interest Expense Chart

Aditya Birla Minerals Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.02 -3.56 -3.33 -1.43 -1.01

Aditya Birla Minerals Semi-Annual Data
Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16
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 Premium Member Only -1.19 -1.25 -0.18 -0.54 -0.48

Aditya Birla Minerals 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 Mar. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.0 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.


Aditya Birla Minerals  (ASX:ABY) 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.

Aditya Birla Minerals's Interest Expense for the six months ended in Mar. 2016 was A$-0.5 Mil. Its Operating Income for the six months ended in Mar. 2016 was A$-88.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2016 was A$0.0 Mil.

Aditya Birla Minerals's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Aditya Birla Minerals 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.


Aditya Birla Minerals (ASX:ABY) Business Description

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Aditya Birla Minerals Ltd is a copper mining, development and exploration company with operations in Western Australia and Queensland. Its projects include the Nifty Copper Operation and Mt Gordon Copper Operation. Concentrates produced are shipped to the Hindalco-owned 500,000 tpa rated Dahej copper smelter in India.

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