Cayden Resources (FRA:2YC) Interest Expense : €-0.01 Mil (TTM As of Jun. 2014)

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What is Cayden Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cayden Resources's interest expense for the three months ended in Jun. 2014 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was €-0.01 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. Cayden Resources's Operating Income for the three months ended in Jun. 2014 was € -0.83 Mil. Cayden Resources's Interest Expense for the three months ended in Jun. 2014 was € -0.00 Mil. Cayden Resources 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.

Cayden Resources Interest Expense Historical Data

The historical data trend for Cayden Resources'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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Cayden Resources Interest Expense Chart

Cayden Resources Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Dec13

Interest Expense

-0.01

Cayden Resources Quarterly Data
	Sep09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Interest Expense	Get a 7-Day Free Trial													-	-	-	-	-

Cayden Resources 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Cayden Resources (FRA:2YC) 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.

Cayden Resources's Interest Expense for the three months ended in Jun. 2014 was €-0.00 Mil. Its Operating Income for the three months ended in Jun. 2014 was €-0.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2014 was €0.00 Mil.

Cayden Resources's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Cayden Resources did not have earnings to cover the interest expense.

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

Cayden Resources (FRA:2YC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cayden Resources Inc (FRA:2YC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Website

http://www.caydenresources.com

Cayden Resources, Inc., was incorporated on September 10, 2008, under the laws of the Province of British Columbia, Canada, under the name Vistech Capital Corp. Subsequently on September 24, 2010, Vistech changed its name to Cayden Resources Inc. The Company's business activities include the acquisition, exploration and development of resource properties in the America.

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