Romarco Minerals (FRA:M1R) Interest Expense : €-0.36 Mil (TTM As of Jun. 2015)

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What is Romarco Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Romarco Minerals's interest expense for the three months ended in Jun. 2015 was € -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was €-0.36 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. Romarco Minerals's Operating Income for the three months ended in Jun. 2015 was € -2.77 Mil. Romarco Minerals's Interest Expense for the three months ended in Jun. 2015 was € -0.10 Mil. Romarco Minerals 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.

Romarco Minerals Interest Expense Historical Data

The historical data trend for Romarco Minerals'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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Romarco Minerals Interest Expense Chart

Romarco Minerals Annual Data

Trend

Dec05

Dec06

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Dec14

Interest Expense

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-0.05

-0.15

-0.16

-0.20

Romarco Minerals Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Interest Expense	Get a 7-Day Free Trial															-0.05	-0.05	-0.04	-0.17	-0.10

Romarco Minerals 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.36 Mil.

Romarco Minerals (FRA:M1R) 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.

Romarco Minerals's Interest Expense for the three months ended in Jun. 2015 was €-0.10 Mil. Its Operating Income for the three months ended in Jun. 2015 was €-2.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2015 was €8.55 Mil.

Romarco Minerals's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Romarco Minerals did not have earnings to cover the interest expense.

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

Romarco Minerals (FRA:M1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Romarco Minerals Inc. (FRA:M1R) » Definitions » Interest Expense

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Website

http://www.romarco.com

Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

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