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Balamara Resources (FRA:CDU) Interest Expense : €-0.00 Mil (TTM As of Dec. 2014)


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What is Balamara Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Balamara Resources's interest expense for the six months ended in Dec. 2014 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 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. Balamara Resources's Operating Income for the six months ended in Dec. 2014 was € -1.99 Mil. Balamara Resources's Interest Expense for the six months ended in Dec. 2014 was € 0.00 Mil. Balamara Resources 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.


Balamara Resources Interest Expense Historical Data

The historical data trend for Balamara 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.

* Premium members only.

Balamara Resources Interest Expense Chart

Balamara Resources Annual Data
Trend Jun02 Jun03 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 - -0.07 -

Balamara Resources Semi-Annual Data
Dec02 Jun03 Dec03 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 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 - -0.08 - - -

Balamara 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 Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.00 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.


Balamara Resources  (FRA:CDU) 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.

Balamara Resources's Interest Expense for the six months ended in Dec. 2014 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2014 was €-1.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was €0.00 Mil.

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

Balamara Resources had no long-term debt (1).

* 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.


Balamara Resources (FRA:CDU) Business Description

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Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

Balamara Resources (FRA:CDU) Headlines

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