Midway Gold (FRA:LXQ) Interest Expense : €-0.01 Mil (TTM As of Mar. 2015)

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What is Midway Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midway Gold's interest expense for the three months ended in Mar. 2015 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 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. Midway Gold's Operating Income for the three months ended in Mar. 2015 was € -5.53 Mil. Midway Gold's Interest Expense for the three months ended in Mar. 2015 was € -0.01 Mil. Midway Gold 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.

Midway Gold Interest Expense Historical Data

The historical data trend for Midway Gold'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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Midway Gold Interest Expense Chart

Midway Gold Annual Data

Trend

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Interest Expense

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-0.01

-0.02

Midway Gold Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.01

Midway Gold 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Midway Gold (FRA:LXQ) 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.

Midway Gold's Interest Expense for the three months ended in Mar. 2015 was €-0.01 Mil. Its Operating Income for the three months ended in Mar. 2015 was €-5.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2015 was €0.00 Mil.

Midway Gold's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Midway Gold did not have earnings to cover the interest expense.

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

Midway Gold (FRA:LXQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Midway Gold Corp (FRA:LXQ) » Definitions » Interest Expense

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Website

http://www.midwaygold.com

Midway Gold Corp is engaged in the acquisition, exploration, and, if warranted, development of gold and silver mineral properties in North America.

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