Cradle Arc (LSE:ALO) Interest Expense: £-1.55 Mil (TTM As of Jun. 2018)


What is Cradle Arc Interest Expense?

Cradle Arc LSE:ALO Interest Expense is £-1.55 Mil as of Jun. 2018. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cradle Arc's interest expense for the six months ended in Jun. 2018 was £ -0.87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was £-1.55 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. Cradle Arc's Operating Income for the six months ended in Jun. 2018 was £ -4.61 Mil. Cradle Arc's Interest Expense for the six months ended in Jun. 2018 was £ -0.87 Mil. Cradle Arc 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.

Cradle Arc  (LSE:ALO) 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.

Cradle Arc's Interest Expense for the six months ended in Jun. 2018 was £-0.87 Mil. Its Operating Income for the six months ended in Jun. 2018 was £-4.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was £27.23 Mil.

Cradle Arc's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Cradle Arc 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.

Cradle Arc Interest Expense Historical Data

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The historical data trend for Cradle Arc'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.

Cradle Arc Interest Expense Chart

Cradle Arc Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.02 0.00 0.00 -0.88

Cradle Arc Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.00 0.00 -0.20 -0.68 -0.87

Cradle Arc 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.55 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 £-1.55 Mil mean?
Cradle Arc (LSE:ALO) has a Interest Expense of £-1.55 Mil as of Jun. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Cradle Arc and its competitors.
Is Cradle Arc's Interest Expense too high?
Cradle Arc's current Interest Expense is £-1.55 Mil.
How does Cradle Arc's Interest Expense compare to competitors?
Cradle Arc's Interest Expense of £-1.55 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 Cradle Arc and its competitors. Cradle Arc's current Interest Expense is £-1.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cradle Arc stock overvalued right now?
Cradle Arc (LSE:ALO) has a current Interest Expense of £-1.55 Mil. The current Interest Expense is £-1.55 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 Cradle Arc (LSE:ALO), the current Interest Expense is £-1.55 Mil as of Jun. 2018. 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.

Cradle Arc Business Description

Address 27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Cradle Arc PLC, formerly known as Alecto Minerals PLC is engaged in exploration and development of precious and base metals. Its main countries of operation are Botswana, Zambia and Mali. The company's properties include Mowana Copper Mine, and Matala Gold Mine.