The Graystone Co (The Graystone Co) Interest Expense : $-0.23 Mil (TTM As of Sep. 2013)

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What is The Graystone Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Graystone Co's interest expense for the three months ended in Sep. 2013 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.23 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. The Graystone Co's Operating Income for the three months ended in Sep. 2013 was $ -11.40 Mil. The Graystone Co's Interest Expense for the three months ended in Sep. 2013 was $ -0.01 Mil. The Graystone Co 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.

The Graystone Co Interest Expense Historical Data

The historical data trend for The Graystone Co'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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The Graystone Co Interest Expense Chart

The Graystone Co Annual Data

Trend

Dec10

Dec11

Dec12

Interest Expense

-0.22

The Graystone Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Interest Expense	Get a 7-Day Free Trial								-0.03	-0.10	-0.07	-0.05	-0.01

The Graystone Co 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.23 Mil.

The Graystone Co (OTCPK:GYST) 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.

The Graystone Co's Interest Expense for the three months ended in Sep. 2013 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2013 was $-11.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was $0.00 Mil.

The Graystone Co's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

The Graystone Co did not have earnings to cover the interest expense.

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

The Graystone Co (The Graystone Co) Business Description

Industry

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Address

2620 Regatta Drive, Suite 102, Las Vegas, CO, USA, 89128

Website

http://www.graystone1.com

The Graystone Co Inc is a holding company. It is involved in acquiring and developing mining properties amenable to low production cost. The company's mining operations mainly focus on acquiring properties that require a lower capital investment. Its projects include Gorilla, Graystone II and Graystone III located in Loreto and Amazonas, Peru.