Touchstone Gold (FRA:T03) Interest Expense: €0.00 Mil (TTM As of Jun. 2014)


What is Touchstone Gold Interest Expense?

Touchstone Gold FRA:T03 Interest Expense is €0.00 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Touchstone Gold'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 €0.00 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. Touchstone Gold's Operating Income for the three months ended in Jun. 2014 was € 1.03 Mil. Touchstone Gold's Interest Expense for the three months ended in Jun. 2014 was € 0.00 Mil. GuruFocus does not calculate Touchstone Gold's interest coverage with the available data. 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.

Touchstone Gold  (FRA:T03) 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.

Touchstone Gold'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 €1.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2014 was €0.68 Mil.

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

GuruFocus does not calculate Touchstone Gold's interest coverage with the available data.

* 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.

Good Sign:

Touchstone Gold Ltd has no debt.

Touchstone Gold Interest Expense Historical Data

* Premium members only.

The historical data trend for Touchstone 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.

Touchstone Gold Interest Expense Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
0.00 0.00 0.00 0.00 0.00

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Touchstone 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 Jun. 2014 adds up the quarterly 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €0.00 Mil mean?
Touchstone Gold (FRA:T03) has a Interest Expense of €0.00 Mil as of Jun. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Touchstone Gold and its competitors.
Is Touchstone Gold's Interest Expense too high?
Touchstone Gold's current Interest Expense is €0.00 Mil.
How does Touchstone Gold's Interest Expense compare to THMG and DTRC?
Touchstone Gold's Interest Expense of €0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Touchstone Gold and its competitors. Touchstone Gold's current Interest Expense is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchstone Gold stock overvalued right now?
Touchstone Gold (FRA:T03) has a current Interest Expense of €0.00 Mil. The current Interest Expense is €0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Touchstone Gold (FRA:T03), the current Interest Expense is €0.00 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Touchstone Gold Business Description

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.