HYII (All Grade Mining) Interest Expense: $-0.39 Mil (TTM As of Sep. 2013)


What is All Grade Mining Interest Expense?

All Grade Mining HYII Interest Expense is $-0.39 Mil as of Sep. 2013.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. All Grade Mining's interest expense for the three months ended in Sep. 2013 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.39 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. All Grade Mining's Operating Income for the three months ended in Sep. 2013 was $ Mil. All Grade Mining's Interest Expense for the three months ended in Sep. 2013 was $ Mil. 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.

All Grade Mining Interest Expense Historical Data

* Premium members only.

The historical data trend for All Grade 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.

All Grade Mining Interest Expense Chart

All Grade Mining Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense
Get a 7-Day Free Trial -0.00 -0.00 -0.00 0.00 0.00

All Grade Mining Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -0.06 0.00 -0.14 -0.20 -0.05

All Grade 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 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 $-0.39 Mil mean?
All Grade Mining (HYII) has a Interest Expense of $-0.39 Mil as of Sep. 2013. Interest Expense is the amount a company pays on its long-term debt. View historical data on All Grade Mining and its competitors.
Is All Grade Mining's Interest Expense too high?
All Grade Mining's current Interest Expense is $-0.39 Mil.
How does All Grade Mining's Interest Expense compare to VCAN and ADAC?
All Grade Mining's Interest Expense of $-0.39 Mil can be compared against companies in the Steel 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 Steel company?
A good Interest Expense depends on the Steel 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 All Grade Mining and its competitors. All Grade Mining's current Interest Expense is $-0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is All Grade Mining stock overvalued right now?
All Grade Mining (HYII) has a current Interest Expense of $-0.39 Mil. The current Interest Expense is $-0.39 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 All Grade Mining (HYII), the current Interest Expense is $-0.39 Mil as of Sep. 2013. 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.

All Grade Mining Business Description

Address 370 West Pleasantview Avenue, Suite 163, Hackensack, NJ, USA, 07601
All Grade Mining Inc is a development-stage company focused on the extraction of iron ore and copper from mines located in the Republic of Chile. The company owns the Salitrosa Iron Ore Mine, located 28 kilometers from Chanaral and 60 kilometers from the Caldera port. It comprises of iron ore reserve of over 40 million metric tons based on magnometric and geological studies done on the property.