Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Interest Expense : $-0.03 Mil (TTM As of Jun. 2009)

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What is Changming Industrial Management Group Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changming Industrial Management Group Holding's interest expense for the three months ended in Jun. 2009 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2009 was $-0.03 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. Changming Industrial Management Group Holding's Operating Income for the three months ended in Jun. 2009 was $ -0.10 Mil. Changming Industrial Management Group Holding's Interest Expense for the three months ended in Jun. 2009 was $ -0.01 Mil. Changming Industrial Management Group Holding 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.

Changming Industrial Management Group Holding Interest Expense Historical Data

The historical data trend for Changming Industrial Management Group Holding'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.
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Changming Industrial Management Group Holding Interest Expense Chart

Changming Industrial Management Group Holding Annual Data

Trend

May07

May08

Interest Expense

Changming Industrial Management Group Holding Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Sep08	Dec08	Mar09	Jun09
Interest Expense	Get a 7-Day Free Trial						-	-	-0.01	-0.01	-0.01

Changming Industrial Management Group Holding 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Changming Industrial Management Group Holding (OTCPK:CMIM) 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.

Changming Industrial Management Group Holding's Interest Expense for the three months ended in Jun. 2009 was $-0.01 Mil. Its Operating Income for the three months ended in Jun. 2009 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2009 was $0.00 Mil.

Changming Industrial Management Group Holding's Interest Coverage for the quarter that ended in Jun. 2009 is calculated as

Changming Industrial Management Group Holding did not have earnings to cover the interest expense.

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

Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Changming Industrial Management Group Holding Inc (OTCPK:CMIM) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Room 904, Tung Wai Commercial Building, Wan Chai, Hong Kong, HKG

Website

http://www.sxcmky.com

Changming Industrial Management Group Holding Inc is engaged in the processing and sales of mineral products as well as vanadium mining. Its product series include Product Series Vanadium ore, crystal, pentoxide, alloy, iron, and titanium alloy.

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