Amex Resources (Amex Resources) Interest Expense : $-0.01 Mil (TTM As of Dec. 2016)

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What is Amex Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amex Resources's interest expense for the six months ended in Dec. 2016 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 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. Amex Resources's Operating Income for the six months ended in Dec. 2016 was $ -5.70 Mil. Amex Resources's Interest Expense for the six months ended in Dec. 2016 was $ 0.00 Mil. Amex Resources has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Amex Resources Interest Expense Historical Data

The historical data trend for Amex 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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Amex Resources Interest Expense Chart

Amex Resources Annual Data

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Interest Expense

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Amex Resources Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Interest Expense	Get a 7-Day Free Trial														-	-	-	-0.01	-

Amex 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. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Amex Resources (OTCPK:AMXXF) 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.

Amex Resources's Interest Expense for the six months ended in Dec. 2016 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2016 was $-5.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2016 was $0.00 Mil.

Amex Resources's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Amex Resources had no long-term debt ⁽¹⁾.

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

Amex Resources (Amex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amex Resources Ltd (OTCPK:AMXXF) » Definitions » Interest Expense

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Address

Website

http://www.amex.net.au

Amex Resources Ltd is focused on gold and base metals exploration. The company's tenements are located within Western Australia with the majority of the portfolio situated in the Eastern Goldfields. The company has 100% ownership of 8 exploration projects and aims to upgrade its core assets through continual geological reviews.

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