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Ecometals (Ecometals) Interest Expense : $-0.30 Mil (TTM As of Dec. 2012)


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What is Ecometals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecometals's interest expense for the three months ended in Dec. 2012 was $ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2012 was $-0.30 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. Ecometals's Operating Income for the three months ended in Dec. 2012 was $ -0.72 Mil. Ecometals's Interest Expense for the three months ended in Dec. 2012 was $ -0.06 Mil. Ecometals 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.


Ecometals Interest Expense Historical Data

The historical data trend for Ecometals'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.

Ecometals Interest Expense Chart

Ecometals Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.06 -0.55 -0.43 -0.35

Ecometals Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 -0.07 -0.08 -0.11 -0.05 -0.06

Ecometals 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.30 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.


Ecometals  (OTCPK:ECMLF) 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.

Ecometals's Interest Expense for the three months ended in Dec. 2012 was $-0.06 Mil. Its Operating Income for the three months ended in Dec. 2012 was $-0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2012 was $0.29 Mil.

Ecometals's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

Ecometals 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.


Ecometals (Ecometals) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suit 1305, Vancouver, BC, CAN, V6E 3V7
Ecometals Ltd is a mineral exploration company which focuses on South America. Its exploration portfolio includes gold projects in Ecuador and Brazil, and manganese gold and iron ore projects in Brazil.

Ecometals (Ecometals) Headlines

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