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Alloycorp Mining (Alloycorp Mining) Interest Expense : $-12.05 Mil (TTM As of Mar. 2016)


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What is Alloycorp Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alloycorp Mining's interest expense for the three months ended in Mar. 2016 was $ -3.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-12.05 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. Alloycorp Mining's Operating Income for the three months ended in Mar. 2016 was $ -2.83 Mil. Alloycorp Mining's Interest Expense for the three months ended in Mar. 2016 was $ -3.33 Mil. Alloycorp 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.


Alloycorp Mining Interest Expense Historical Data

The historical data trend for Alloycorp 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.

Alloycorp Mining Interest Expense Chart

Alloycorp Mining Annual Data
Trend Jan07 Jan08 Jan09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.32 -1.28 -2.21 -4.98 -10.42

Alloycorp Mining Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 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 -2.23 -2.54 -2.98 -3.21 -3.33

Alloycorp Mining 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 quarterly data reported by the company within the most recent 12 months, which was $-12.05 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.


Alloycorp Mining  (OTCPK:AVNMF) 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.

Alloycorp Mining's Interest Expense for the three months ended in Mar. 2016 was $-3.33 Mil. Its Operating Income for the three months ended in Mar. 2016 was $-2.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2016 was $0.00 Mil.

Alloycorp Mining's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Alloycorp Mining 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.


Alloycorp Mining (Alloycorp Mining) Business Description

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Alloycorp Mining Inc is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties. The company, through its subsidiary, operates the Avanti Kitsault Project, which is a molybdenum producing property located in the Skeena Mining District of British Columbia, Canada. The Avanti Kitsault Project is located to the north of Prince Rupert, British Columbia.

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