CRSXQ (Corsa Coal) Interest Expense: $-4.8 Mil (TTM As of Jun. 2024)

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CRSXQ Corsa Coal Corp CRSXQ
12 GF Score
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What is Corsa Coal Interest Expense?

Corsa Coal CRSXQ -100.00% 12 Interest Expense is $-4.8 Mil as of Jun. 2024. GuruFocus rates CRSXQ with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Corsa Coal's interest expense for the three months ended in Jun. 2024 was $ -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-4.8 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. Corsa Coal's Operating Income for the three months ended in Jun. 2024 was $ -8.4 Mil. Corsa Coal's Interest Expense for the three months ended in Jun. 2024 was $ -1.2 Mil. Corsa Coal 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.


Corsa Coal  (OTCPK:CRSXQ) 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.

Corsa Coal's Interest Expense for the three months ended in Jun. 2024 was $-1.2 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-8.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $16.5 Mil.

Corsa Coal's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Corsa Coal 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.


Corsa Coal Interest Expense Historical Data

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The historical data trend for Corsa Coal'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.

Corsa Coal Interest Expense Chart

Corsa Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.55 -2.04 -2.71 -3.16 -5.28

Corsa Coal Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.40 -1.41 -1.11 -1.12 -1.20
CRSXQ
12GF Score
Corsa Coal Corp CRSXQ
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Corsa Coal 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.8 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-4.8 Mil mean?
Corsa Coal (CRSXQ) has a Interest Expense of $-4.8 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Corsa Coal and its competitors.
Is Corsa Coal's Interest Expense too high?
Corsa Coal's current Interest Expense is $-4.8 Mil. Overall, Corsa Coal has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Corsa Coal's Interest Expense compare to HCC and AMR?
Corsa Coal's Interest Expense of $-4.8 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Steel company?
A good Interest Expense depends on the Steel industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Corsa Coal and its competitors. Corsa Coal's current Interest Expense is $-4.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corsa Coal stock overvalued right now?
Corsa Coal (CRSXQ) has a current Interest Expense of $-4.8 Mil. The current Interest Expense is $-4.8 Mil. Corsa Coal's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Corsa Coal (CRSXQ), the current Interest Expense is $-4.8 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corsa Coal Business Description

Address 1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel, as well as exploring, acquiring and developing resource properties that are consistent with its existing coal business. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments. Geographically, the company derives the majority of its revenue from the United States.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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