Diamond Discoveries International (Diamond Discoveries International) Interest Expense : $0.00 Mil (TTM As of Sep. 2011)

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What is Diamond Discoveries International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Diamond Discoveries International's interest expense for the three months ended in Sep. 2011 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 was $0.00 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. Diamond Discoveries International's Operating Income for the three months ended in Sep. 2011 was $ -0.07 Mil. Diamond Discoveries International's Interest Expense for the three months ended in Sep. 2011 was $ 0.00 Mil. Diamond Discoveries International has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Diamond Discoveries International Interest Expense Historical Data

The historical data trend for Diamond Discoveries International'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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Diamond Discoveries International Interest Expense Chart

Diamond Discoveries International Annual Data

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Interest Expense

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Diamond Discoveries International Quarterly Data
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Diamond Discoveries International 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 Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Diamond Discoveries International (OTCPK:DMDD) 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.

Diamond Discoveries International's Interest Expense for the three months ended in Sep. 2011 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2011 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was $0.00 Mil.

Diamond Discoveries International's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Diamond Discoveries International had no long-term debt ⁽¹⁾.

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

Diamond Discoveries International (Diamond Discoveries International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Diamond Discoveries International Corp (OTCPK:DMDD) » Definitions » Interest Expense

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Address

45 Rockefeller Plaza, Suite 2000, New York, NY, USA, 10111

Website

http://www.diamonddiscoveries.com

Diamond Discoveries International Corp is a mineral exploration company. It is engaged in activities related to the exploration of mineral resources in Canada.

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