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Mindoro Resources (ASX:MDO) Interest Expense : A$-0.31 Mil (TTM As of Sep. 2017)


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What is Mindoro Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mindoro Resources's interest expense for the three months ended in Sep. 2017 was A$ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2017 was A$-0.31 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. Mindoro Resources's Operating Income for the three months ended in Sep. 2017 was A$ -0.06 Mil. Mindoro Resources's Interest Expense for the three months ended in Sep. 2017 was A$ -0.07 Mil. Mindoro 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.


Mindoro Resources Interest Expense Historical Data

The historical data trend for Mindoro 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.

Mindoro Resources Interest Expense Chart

Mindoro Resources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.03 -0.09 -0.28 -0.29

Mindoro Resources Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.07 -0.09 -0.07 -0.08 -0.07

Mindoro 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 Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-0.31 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.


Mindoro Resources  (ASX:MDO) 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.

Mindoro Resources's Interest Expense for the three months ended in Sep. 2017 was A$-0.07 Mil. Its Operating Income for the three months ended in Sep. 2017 was A$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2017 was A$1.96 Mil.

Mindoro Resources's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Mindoro 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.


Mindoro Resources (ASX:MDO) Business Description

Traded in Other Exchanges
N/A
Address
8751 Paseo de Roxas Street, 22nd Floor BDO Equitable Tower, Makati City, PHL, 1226
Mindoro Resources Ltd engages in the acquisition, exploration, and development of mineral properties in the Philippines. The company explores for nickel, copper, and gold deposits. It holds a 75% interest in the Agata nickel project located in the Surigao mining region on the island of Mindanao. The firm also holds a 75% interest and an option to acquire additional 25% interest in the Tapian San Francisco Copper-Gold Project, Mindanao; and a 75% interest in the Pan de Azucar Sulphur-Copper-Gold Project, Iloilo City.

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