Avocet Mining (Avocet Mining) Interest Expense : $-1.22 Mil (TTM As of Jun. 2018)

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What is Avocet Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avocet Mining's interest expense for the six months ended in Jun. 2018 was $ -1.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-1.22 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. Avocet Mining's Operating Income for the six months ended in Jun. 2018 was $ -0.67 Mil. Avocet Mining's Interest Expense for the six months ended in Jun. 2018 was $ -1.18 Mil. Avocet 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.

Avocet Mining Interest Expense Historical Data

The historical data trend for Avocet 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.

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Avocet Mining Interest Expense Chart

Avocet Mining Annual Data

Trend

Mar08

Mar09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

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-2.26

-6.88

-5.86

-2.31

-2.37

Avocet Mining Semi-Annual Data
	Mar08	Sep08	Mar09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Interest Expense	Get a 7-Day Free Trial															-2.62	0.31	-2.33	-0.05	-1.18

Avocet 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.22 Mil.

Avocet Mining (OTCPK:AVVGY) 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.

Avocet Mining's Interest Expense for the six months ended in Jun. 2018 was $-1.18 Mil. Its Operating Income for the six months ended in Jun. 2018 was $-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was $0.00 Mil.

Avocet Mining's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Avocet Mining did not have earnings to cover the interest expense.

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

Avocet Mining (Avocet Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avocet Mining PLC (OTCPK:AVVGY) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF

Website

http://www.avocetmining.com

Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

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