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China Mining (ASX:CMF) Interest Expense : A$ Mil (TTM As of . 20)


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What is China Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Mining's interest expense for the three months ended in . 20 was A$ 0.00 Mil. China Mining does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. China Mining's Operating Income for the three months ended in . 20 was A$ 0.00 Mil. China Mining's Interest Expense for the three months ended in . 20 was A$ 0.00 Mil. China Mining 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.


China Mining Interest Expense Historical Data

The historical data trend for China Mining'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.

China Mining Interest Expense Chart

China Mining Annual Data
Trend
Interest Expense

China Mining Quarterly Data
Interest Expense

China Mining Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


China Mining  (ASX:CMF) 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.

China Mining's Interest Expense for the three months ended in . 20 was A$0.00 Mil. Its Operating Income for the three months ended in . 20 was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was A$0.00 Mil.

China Mining's Interest Coverage for the quarter that ended in . 20 is calculated as

China Mining had no long-term debt (1).

* 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.


China Mining (ASX:CMF) Business Description

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China Mining Ltd was incorporated on 27 January 2011 with the purpose of establishing a mineral exploration and mining company, as well as seeking opportunities to assist Chinese investors to invest in overseas mining projects. The Company's focus will initially be on its Yarri Range Project for gold exploration in Western Australia. Yarri Range Project comprises 2 exploration licences E31/859 and E31/887 with a total area of 97.2 sq km for gold exploration. The Project is located in the Eastern Goldfields of Western Australia, approximately 170 km northeast of Kalgoorlie around the Laverton Tectonic Zone, a gold mining fields, estimated to contain over 22 million ounces of gold with deposits such as Sunrise Dam (8.0 Moz), Wallaby (8.0 Moz), Granny Smith (2.5 Moz) and Mt Morgans (1.3 Moz).

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