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Geovic Mining (FRA:L9E) Interest Expense : €-1.51 Mil (TTM As of Sep. 2014)


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What is Geovic Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Geovic Mining's interest expense for the three months ended in Sep. 2014 was € -0.67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was €-1.51 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. Geovic Mining's Operating Income for the three months ended in Sep. 2014 was € -1.07 Mil. Geovic Mining's Interest Expense for the three months ended in Sep. 2014 was € -0.67 Mil. Geovic Mining 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.


Geovic Mining Interest Expense Historical Data

The historical data trend for Geovic Mining'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.

Geovic Mining Interest Expense Chart

Geovic Mining Annual Data
Trend Apr04 Apr05 Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.05 -0.03 -0.01 -0.10

Geovic Mining Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - -0.09 -0.28 -0.48 -0.67

Geovic Mining 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.51 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.


Geovic Mining  (FRA:L9E) 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.

Geovic Mining's Interest Expense for the three months ended in Sep. 2014 was €-0.67 Mil. Its Operating Income for the three months ended in Sep. 2014 was €-1.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was €0.00 Mil.

Geovic Mining's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Geovic Mining 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.


Geovic Mining (FRA:L9E) Business Description

Traded in Other Exchanges
N/A
Address
5500 East Yale Avenue, Suite 302, Denver, CO, USA, 80222
Geovic Mining Corp is in the business of identifying, exploring and initially developing mineral exploration prospects. It has mining permit covering entire nickel -manganese district in Cameroon's east province. The company also through its subsidiary is engaged in strategic acquisition, exploration and development of other mineral properties.

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