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Infinito Gold (Infinito Gold) Interest Expense : $-18.72 Mil (TTM As of Dec. 2014)


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What is Infinito Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Infinito Gold's interest expense for the three months ended in Dec. 2014 was $ -4.68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was $-18.72 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. Infinito Gold's Operating Income for the three months ended in Dec. 2014 was $ -0.53 Mil. Infinito Gold's Interest Expense for the three months ended in Dec. 2014 was $ -4.68 Mil. Infinito 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.


Infinito Gold Interest Expense Historical Data

The historical data trend for Infinito 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.

* Premium members only.

Infinito Gold Interest Expense Chart

Infinito Gold Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.07 -12.89 -15.95 -17.58 -17.63

Infinito Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -4.69 -4.48 -4.74 -4.81 -4.68

Infinito 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 Dec. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18.72 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.


Infinito Gold  (OTCPK:IGFFF) 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.

Infinito Gold's Interest Expense for the three months ended in Dec. 2014 was $-4.68 Mil. Its Operating Income for the three months ended in Dec. 2014 was $-0.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2014 was $0.00 Mil.

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

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

* 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.


Infinito Gold (Infinito Gold) Business Description

Traded in Other Exchanges
N/A
Address
1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1
Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

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