Continental Coal (ASX:CCC) Interest Expense: A$-15.05 Mil (TTM As of Jun. 2014)


What is Continental Coal Interest Expense?

Continental Coal ASX:CCC Interest Expense is A$-15.05 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Continental Coal's interest expense for the six months ended in Jun. 2014 was A$ -1.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was A$-15.05 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. Continental Coal's Operating Income for the six months ended in Jun. 2014 was A$ -7.95 Mil. Continental Coal's Interest Expense for the six months ended in Jun. 2014 was A$ -1.40 Mil. Continental Coal 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.

Continental Coal  (ASX:CCC) 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.

Continental Coal's Interest Expense for the six months ended in Jun. 2014 was A$-1.40 Mil. Its Operating Income for the six months ended in Jun. 2014 was A$-7.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2014 was A$22.79 Mil.

Continental Coal's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Continental Coal 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.

Continental Coal Interest Expense Historical Data

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The historical data trend for Continental Coal'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.

Continental Coal Interest Expense Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Interest Expense
-11.11 -10.70 -8.54 -15.05

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Interest Expense Get a 7-Day Free Trial -9.26 -5.77 -2.77 -13.66 -1.40

Continental Coal 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-15.05 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-15.05 Mil mean?
Continental Coal (ASX:CCC) has a Interest Expense of A$-15.05 Mil as of Jun. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Continental Coal and its competitors.
Is Continental Coal's Interest Expense too high?
Continental Coal's current Interest Expense is A$-15.05 Mil.
How does Continental Coal's Interest Expense compare to competitors?
Continental Coal's Interest Expense of A$-15.05 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Steel company?
A good Interest Expense depends on the Steel industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Continental Coal and its competitors. Continental Coal's current Interest Expense is A$-15.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Interest Expense of A$-15.05 Mil. The current Interest Expense is A$-15.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Interest Expense is A$-15.05 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.