Colossus Minerals (Colossus Minerals) Interest Expense : $-0.40 Mil (TTM As of Dec. 2013)

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What is Colossus Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Colossus Minerals's interest expense for the three months ended in Dec. 2013 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was $-0.40 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. Colossus Minerals's Operating Income for the three months ended in Dec. 2013 was $ -11.97 Mil. Colossus Minerals's Interest Expense for the three months ended in Dec. 2013 was $ 0.00 Mil. GuruFocus does not calculate Colossus Minerals's interest coverage with the available data. 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.

Colossus Minerals Interest Expense Historical Data

The historical data trend for Colossus Minerals'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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Colossus Minerals Interest Expense Chart

Colossus Minerals Annual Data

Trend

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Dec13

Interest Expense

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-0.10

Colossus Minerals Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Interest Expense	Get a 7-Day Free Trial															-	-0.40	-	-	-

Colossus Minerals 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 Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.40 Mil.

Colossus Minerals (OTCPK:COLUF) 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.

Colossus Minerals's Interest Expense for the three months ended in Dec. 2013 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2013 was $-11.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2013 was $9.81 Mil.

Colossus Minerals's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

GuruFocus does not calculate Colossus Minerals's interest coverage with the available data.

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

Colossus Minerals (Colossus Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colossus Minerals Inc (OTCPK:COLUF) » Definitions » Interest Expense

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Address

100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9

Website

http://www.colossusminerals.ca

Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

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