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China Precision Steel (China Precision Steel) Interest Expense : $-4.01 Mil (TTM As of Dec. 2014)


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What is China Precision Steel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Precision Steel's interest expense for the three months ended in Dec. 2014 was $ -0.92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was $-4.01 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. China Precision Steel's Operating Income for the three months ended in Dec. 2014 was $ -4.46 Mil. China Precision Steel's Interest Expense for the three months ended in Dec. 2014 was $ -0.92 Mil. China Precision Steel 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.


China Precision Steel Interest Expense Historical Data

The historical data trend for China Precision Steel'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.

China Precision Steel Interest Expense Chart

China Precision Steel Annual Data
Trend Dec04 Dec05 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.92 -2.63 -3.10 -3.56 -4.05

China Precision Steel Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -0.95 -0.91 -1.25 -0.93 -0.92

China Precision Steel 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.01 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.


China Precision Steel  (OTCPK:CPSL) 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.

China Precision Steel's Interest Expense for the three months ended in Dec. 2014 was $-0.92 Mil. Its Operating Income for the three months ended in Dec. 2014 was $-4.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2014 was $0.00 Mil.

China Precision Steel's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

China Precision Steel 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.


China Precision Steel (China Precision Steel) Business Description

Traded in Other Exchanges
N/A
Address
China Precision Steel Inc is a steel processing company. The firm through its subsidiaries manufacture and sell cold rolled precision steel products for applications including automobile components and spare parts, kitchen tools, electrical appliances, roofing and food packaging materials. The company conducts its operations mainly in China.
Executives
Michael Friess director, officer: Secretary 5353 MANHATTAN CIRCLE, STE 101, BOULDER CO 80303

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